Imaflex (IFX) Reaches New 12-Month Low at $0.68

Shares of Imaflex Inc. (CVE:IFX) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.68 and last traded at C$0.68, with a volume of 25500 shares traded. The stock had previously closed at C$0.73.

The company has a quick ratio of 0.83, a current ratio of 1.64 and a debt-to-equity ratio of 46.61.

Imaflex (CVE:IFX) last posted its quarterly earnings results on Tuesday, November 27th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.02 by C($0.01). The business had revenue of C$21.32 million for the quarter, compared to analysts’ expectations of C$19.69 million. As a group, sell-side analysts predict that Imaflex Inc. will post 0.0900000024324325 earnings per share for the current year.

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About Imaflex (CVE:IFX)

Imaflex Inc, together with its subsidiary, develops, manufactures, and sells flexible packaging materials for consumer, industrial, and agriculture markets in Canada, the United States, and internationally. The company offers agricultural films, including mulch and barrier, compostable, UV-reflective, and intelligent active ingredient films; converter films; industrial products, such as garbage, compostable, and Gaylord bags, as well as bags on roll products; and metalized pest repellency films.

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