IG Design Group (LON:IGR) Stock Price Up 21.4% – Time to Buy?

IG Design Group plc (LON:IGR)’s share price traded up 21.4% during mid-day trading on Thursday . The company traded as high as GBX 68.70 and last traded at GBX 68.01. 1,118,416 shares changed hands during trading, an increase of 248% from the average session volume of 321,574 shares. The stock had previously closed at GBX 56.

IG Design Group Trading Up 21.4%

The company has a current ratio of 2.39, a quick ratio of 0.85 and a debt-to-equity ratio of 34.19. The company has a market cap of £64.81 million, a P/E ratio of -0.26 and a beta of 0.54. The business has a 50 day moving average price of GBX 56.35 and a 200-day moving average price of GBX 52.56.

About IG Design Group

IG Design Group plc, the largest consumer gift packaging business in the world, is a designer, innovator and manufacturer of products that help people celebrate life’s special occasions. Design Group works with more than 11,000 customers in over 80 countries throughout the UK, Europe, Australia and the USA.

Its products are found in over 210,000 retail outlets, including several of the world’s biggest retailers, for example Walmart, Target, Amazon, Costco, Lidl and Aldi.

Its five major product categories are: Celebrations, Craft, Stationery and Creative Play, Gifting, and Not-for-resale consumables.