IPL Plastics Inc. (IPLP.TO) (TSE:IPLP) Trading Down 0.1% – Should You Sell?

Posted by Eileen French on Dec 11th, 2024

IPL Plastics Inc. (IPLP.TO) (TSE:IPLP – Get Free Report) was down 0.1% on Monday . The stock traded as low as C$10.00 and last traded at C$10.00. Approximately 3,725 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 126,066 shares. The stock had previously closed at C$10.01.

IPL Plastics Inc. (IPLP.TO) Stock Performance

The company has a current ratio of 2.67, a quick ratio of 1.99 and a debt-to-equity ratio of 108.90. The business’s 50 day moving average price is C$10.00. The company has a market cap of C$543.82 million and a price-to-earnings ratio of 50.00.

IPL Plastics Inc. (IPLP.TO) Company Profile

(Get Free Report)

IPL Plastics Inc, through its subsidiaries, provides various packaging solutions primarily in the United States, the United Kingdom, and Canada. It operates through three segments: Large Format Packaging and Environmental Solutions (LF&E), Consumer Packaging Solutions (CPS), and Returnable Packaging Solutions (RPS).