IG Design Group plc (LON:IGR - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 180.86 ($2.35) and traded as low as GBX 142.50 ($1.85). IG Design Group shares last traded at GBX 145 ($1.89), with a volume of 134,083 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reduced their target price on shares of IG Design Group from GBX 325 ($4.23) to GBX 270 ($3.51) and set a "buy" rating on the stock in a research report on Thursday, September 26th.
Get Our Latest Analysis on IG Design Group
IG Design Group Trading Down 5.2 %
The company has a market cap of £131.01 million, a P/E ratio of 491.07 and a beta of 1.08. The business has a fifty day simple moving average of GBX 148.50 and a 200 day simple moving average of GBX 180.56. The company has a debt-to-equity ratio of 35.04, a quick ratio of 0.85 and a current ratio of 1.88.
About IG Design Group
(
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IG Design Group plc engages in the design, production, and distribution of celebrations, craft and creative play, stationery, gifting, and not for re-sale consumable products in the Americas, the United Kingdom, and internationally. It operates in two segments, the DG Americas and the DG International.
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