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IG Design Group (LON:IGR) Stock Price Passes Below 200-Day Moving Average - Here's Why

IG Design Group logo with Consumer Cyclical background
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IG Design Group plc (LON:IGR - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 121.38 ($1.57) and traded as low as GBX 58 ($0.75). IG Design Group shares last traded at GBX 60 ($0.78), with a volume of 101,986 shares.

IG Design Group Price Performance

The firm has a market capitalization of £56.37 million, a P/E ratio of 1.95 and a beta of 1.08. The company has a debt-to-equity ratio of 35.81, a quick ratio of 0.85 and a current ratio of 1.88. The business has a 50 day simple moving average of GBX 75.90 and a two-hundred day simple moving average of GBX 119.96.

IG Design Group Company Profile

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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.

Further Reading

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