Imaflex Resumes Operations After Cybersecurity Incident

Imaflex ( (TSE:IFX) ) has shared an update.

Imaflex Inc. has announced the resumption of normal operations following a cybersecurity incident that temporarily disrupted its systems. The company took immediate action to contain the impact and conducted a thorough investigation with cybersecurity experts. Despite the disruption, Imaflex continued its manufacturing and shipping activities with some temporary adjustments. The company has now fully restored its systems and remains committed to implementing strong cybersecurity measures to protect its operations and stakeholders.

More about Imaflex

Founded in 1994, Imaflex Inc. is a company that specializes in the development and manufacturing of innovative solutions for the flexible packaging industry. The company also produces films for the agriculture sector, primarily focusing on polyethylene film and bags, including metalized plastic film, for industrial, agricultural, and consumer markets. Imaflex is headquartered in Montreal, Quebec, with manufacturing facilities in Canada and the United States, and its common stock is listed on the TSX Venture Exchange under the ticker symbol IFX.

YTD Price Performance: -19.13%

Average Trading Volume: 9,271

Technical Sentiment Signal: Buy

Current Market Cap: C$62.77M

For an in-depth examination of IFX stock, go to TipRanks’ Stock Analysis page.