IG Design Group (LON:IGR) Share Price Crosses Below Two Hundred Day Moving Average of $152.39

Shares of IG Design Group plc (LON:IGRGet Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 152.39 ($1.90) and traded as low as GBX 150 ($1.87). IG Design Group shares last traded at GBX 155 ($1.93), with a volume of 19,582 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group increased their price target on IG Design Group from GBX 200 ($2.49) to GBX 265 ($3.30) and gave the company a “buy” rating in a research report on Thursday, April 20th.

IG Design Group Trading Down 2.6 %

The company has a quick ratio of 0.85, a current ratio of 1.49 and a debt-to-equity ratio of 65.04. The company has a fifty day moving average of GBX 173.68 and a two-hundred day moving average of GBX 152.78. The stock has a market capitalization of £144.54 million, a price-to-earnings ratio of 2,458.33 and a beta of 1.20.

About IG Design Group

(Get Rating)

IG Design Group plc designs, manufactures, and distributes celebrations, craft and creative play, stationery, gifting, and not for re-sale consumable products in the Americas, the United Kingdom, and internationally. It provides celebrations products, including greetings cards, gift wraps, Christmas crackers, gift bags, and partyware products, as well as gift accessories, such as tags, strings, ribbons, and bows; and gifting products comprise frames, albums, calendars and diaries, as well as food and non-food gifts.

Further Reading

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