IG Design Group plc (LON:IGR - Get Free Report)'s share price was down 58.2% during trading on Saturday . The company traded as low as GBX 56.67 ($0.69) and last traded at GBX 59.60 ($0.72). Approximately 9,236,741 shares changed hands during trading, an increase of 876% from the average daily volume of 946,405 shares. The stock had previously closed at GBX 142.50 ($1.73).
Analyst Ratings Changes
Separately, Canaccord Genuity Group lowered their target price on shares of IG Design Group from GBX 325 ($3.95) to GBX 270 ($3.28) and set a "buy" rating on the stock in a report on Thursday, September 26th.
Check Out Our Latest Report on IG Design Group
IG Design Group Price Performance
The company has a debt-to-equity ratio of 35.04, a quick ratio of 0.85 and a current ratio of 1.88. The company has a 50-day simple moving average of GBX 132.46 and a 200-day simple moving average of GBX 158.92. The company has a market cap of £56.79 million, a price-to-earnings ratio of 212.86 and a beta of 1.08.
About IG Design Group
(
Get Free Report)
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.
Read More
Before you consider IG Design Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IG Design Group wasn't on the list.
While IG Design Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
