iFabric (TSE:IFA) Shares Up 1.9% – Still a Buy?

iFabric Corp. (TSE:IFA)’s stock price was up 1.9% during trading on Tuesday . The stock traded as high as C$1.12 and last traded at C$1.10. Approximately 8,000 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 7,784 shares. The stock had previously closed at C$1.08.

iFabric Stock Performance

The company has a market capitalization of C$33.33 million, a price-to-earnings ratio of 110.00 and a beta of 0.94. The company has a debt-to-equity ratio of 8.31, a current ratio of 6.09 and a quick ratio of 1.48. The stock has a 50 day simple moving average of C$1.08 and a two-hundred day simple moving average of C$1.11.

About iFabric

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.