IPL Plastics Inc. (IPLP.TO) (TSE:IPLP) Shares Down 0.1% – Should You Sell?

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

IPL Plastics Inc. (IPLP.TO) Stock Down 0.1 %

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’s 50 day moving average price is C$10.00. The firm has a market cap of C$543.82 million and a price-to-earnings ratio of 50.00.

IPL Plastics Inc. (IPLP.TO) Company Profile

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).