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

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 Monday . The stock has a 200-day moving average of GBX 132.82 ($1.67) and traded as low as GBX 60 ($0.76). IG Design Group shares last traded at GBX 61.29 ($0.77), with a volume of 183,988 shares trading hands.

IG Design Group Stock Performance

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 company has a market cap of £59.67 million, a price-to-earnings ratio of 2.06 and a beta of 1.08. The firm's 50-day moving average price is GBX 93.79 and its 200 day moving average price is GBX 129.83.

About IG Design Group

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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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