Imaflex Inc. (Get Free Report)'s share price was down 10.9% during mid-day trading on Tuesday . The stock traded as low as C$1.22 and last traded at C$1.23. Approximately 22,011 shares were traded during trading, an increase of 73% from the average daily volume of 12,695 shares. The stock had previously closed at C$1.38. 2d4fp
The stock has a market cap of C$67.22 million, a price-to-earnings ratio of 11.71 and a beta of 0.35. The company has a debt-to-equity ratio of 16.73, a current ratio of 2.85 and a quick ratio of 1.68. The business's 50 day moving average is C$1.18 and its 200 day moving average is C$1.30.
Imaflex Inc, together with its subsidiaries, develops, manufactures, and sells flexible packaging materials for industrial and agriculture markets in Canada, the United States, and internationally. It offers metallized plastic films; polyethylene films and bags; agricultural films, including mulch, solarization, fumigation, compostable, and crop protection films; converter films; and industrial bags, such as garbage, compostable, and gaylord bags, as well as bags on rolls.
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