IPL Plastics Inc. (IPLP.TO) (TSE:IPLP) Shares Down 0.1% – What’s Next?

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

IPL Plastics Inc. (IPLP.TO) Price Performance

The company has a debt-to-equity ratio of 108.90, a current ratio of 2.67 and a quick ratio of 1.99. The firm has a market cap of C$543.82 million and a P/E ratio of 50.00. The stock’s 50 day simple moving average is C$10.00.

About IPL Plastics Inc. (IPLP.TO)

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).