Closing Bell: Ifabric Corp up on Wednesday (IFA)

Today during trading, Ifabric Corp shares closed at $1.11 after opening the day at $1.03. It traded at a low of $1.03 to a high of $1.15.

Shares boosted 11.00% from the previous day's close of $1.00.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Ifabric Corp traded under IFA on the Toronto Stock Exchange (TSX).

A total of 46,400 shares was traded during the session, with total trades of 26, with an average volume of 189,910 in the last five days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, IFA.TO has traded as high as $1.60 (August 08,2023) and low as $0.87 (February 12,2024). Moreover, the shares have shrunken -21.28% in 52 weeks, while they have eased 0.00% since the start of 2024.

Following today's trading, Ifabric Corp has a market capitalization of $30.30 million on a float of 30,299 shares outstanding. Its annual EPS is $0.01.

Ifabric Corp is a TSX Apparel Manufacturing company headquartered in Markham, CAN.

Currently, Ifabric Corp's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. Currently, there are for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..