iFabric (TSE:IFA) Trading Up 1% – Still a Buy?

iFabric Corp. (TSE:IFA) shares were up 1% during mid-day trading on Wednesday . The company traded as high as C$1.00 and last traded at C$0.97. Approximately 8,500 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 12,075 shares. The stock had previously closed at C$0.96.

iFabric Stock Performance

The company has a debt-to-equity ratio of 5.83, a quick ratio of 1.48 and a current ratio of 7.20. The company has a 50 day moving average price of C$1.05 and a 200 day moving average price of C$1.09. The company has a market capitalization of C$29.39 million, a PE ratio of 81.29 and a beta of 0.94.

iFabric Company Profile

iFabric Corp. engages in the design and distribute of women's intimate apparel and accessories in Canada, the United States, the United Kingdom, Southeast Asia, and internationally. It operates in three segments: Intimate Apparel, Intelligent Fabrics, and Other. The Intimate Apparel segment designs, purchases, and distributes intimate apparel comprising a range of specialty bras, including patented reversible bra, patented bandeaux bra, and patented breast lift products, as well as distributes a range of apparel accessories under the Coconut Grove Intimates trade name.