iFabric (TSE:IFA) Trading Down 16.7%

Shares of iFabric Corp (TSE:IFA) dropped 16.7% on Wednesday . The stock traded as low as C$0.70 and last traded at C$0.70, approximately 2,800 shares were traded during mid-day trading. A decline of 19% from the average daily volume of 3,439 shares. The stock had previously closed at C$0.84.

The stock has a market cap of $22.02 million and a price-to-earnings ratio of -13.46. The company’s 50 day simple moving average is C$0.87. The company has a debt-to-equity ratio of 17.90, a current ratio of 8.92 and a quick ratio of 5.42.

About iFabric (TSE:IFA)

iFabric Corp. designs, manufactures, purchases, and distributes women's intimate apparel, sleepwear, and accessories worldwide. It operates through Intimate Apparel, Intelligent Fabrics, and Other segments. The company offers backless and strapless underwire bras under the Coconut Grove Intimates brand.

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