IG Design Group (LON:IGR) Shares Cross Below Two Hundred Day Moving Average - Should You Sell?

IG Design Group plc (LON:IGR - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 97.09 ($1.29) and traded as low as GBX 51.33 ($0.68). IG Design Group shares last traded at GBX 53 ($0.70), with a volume of 23,669 shares.

IG Design Group Stock Down 3.0 %

The company has a current ratio of 1.88, a quick ratio of 0.85 and a debt-to-equity ratio of 35.81. The firm's 50 day moving average is GBX 55.55 and its two-hundred day moving average is GBX 95.20. The firm has a market cap of £47.59 million, a P/E ratio of 1.65 and a beta of 1.08.

IG Design Group Company Profile

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.