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IG Design Group (LON:IGR) Stock Price Crosses Below 200 Day Moving Average - What's Next?

IG Design Group logo with Consumer Cyclical background
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Shares of IG Design Group plc (LON:IGR - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 127.96 ($1.65) and traded as low as GBX 59 ($0.76). IG Design Group shares last traded at GBX 59.50 ($0.77), with a volume of 607,609 shares traded.

IG Design Group Trading Down 1.3 %

The firm has a market cap of £57.16 million, a P/E ratio of 1.98 and a beta of 1.08. The company has a quick ratio of 0.85, a current ratio of 1.88 and a debt-to-equity ratio of 35.81. The firm's 50-day simple moving average is GBX 84.98 and its 200 day simple moving average is GBX 124.74.

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.

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