Innovative Designs (IVDN) Stock Price, News & Analysis

Company Overview

Innovative Designs, Inc. engages in manufacture and marketing of cold weather recreational and industrial clothing products in the United States and Canada. The company operates in two segments, Apparel and House Wrap. It offers arctic armor line products, including jackets, bibs, and gloves for ice fisherman, snowmobilers, utility workers, oil/gas pipeline workers, railroad workers, construction workers, ski resort workers, and police and first responders; and house wrap that provides barrier protection and moisture vapor transmission and insulation for the building construction industry. In addition, it offers INSULTEX material in bulk to non-competing customers; products that restore the waterproof character of the outer side of its arctic armor clothing; and cold weather headgears and base insulation clothing products. The company primarily sells its products through independent sales agents, agencies, retailers, and distributors, as well as through website. The company was incorporated in 2002 and is based in Pittsburgh, Pennsylvania.

Key Stats

• Today's Range: $0.02 to $0.02
• 50-Day Range: $0.01 to $0.12
• 52-Week Range: $0.00 to $0.25
• Volume: N/A
• Average Volume: 15,102 shs
• Market Capitalization: $758,400.00
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Innovative Designs Stock Analysis - MarketRank™

Innovative Designs scored higher than 17% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Innovative Designs.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Innovative Designs has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Innovative Designs have been sold short.

Short Interest Ratio / Days to Cover

Innovative Designs has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Innovative Designs does not currently pay a dividend.

Dividend Growth

Innovative Designs does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Innovative Designs have been sold short.

Short Interest Ratio / Days to Cover

Innovative Designs has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.84

News Sentiment

Innovative Designs has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Innovative Designs this week, compared to 5 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Innovative Designs insiders have not sold or bought any company stock.

Percentage Held by Insiders

24.39% of the stock of Innovative Designs is held by insiders. A high percentage of insider ownership can be a sign of company health.

IVDN Stock Analysis - Frequently Asked Questions

How have IVDN shares performed this year?

Innovative Designs' stock was trading at $0.2099 at the beginning of 2024. Since then, IVDN shares have decreased by 90.5% and is now trading at $0.02.
View the best growth stocks for 2024 here.

How were Innovative Designs' earnings last quarter?

Innovative Designs, Inc. (OTCMKTS:IVDN) issued its earnings results on Monday, September, 21st. The company reported $0.00 earnings per share (EPS) for the quarter. The company had revenue of $0.09 million for the quarter. Innovative Designs had a negative net margin of 27.68% and a negative trailing twelve-month return on equity of 14.52%.

How do I buy shares of Innovative Designs?

Shares of IVDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Innovative Designs own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Innovative Designs investors own include Ampliphi Biosciences (APHB), Applied DNA Sciences (APDN), Bristol-Myers Squibb (BMY), DoorDash (DASH), DocuSign (DOCU), Flex Pharma (FLKS) and Inovio Pharmaceuticals (INO).

Company Calendar

• Last Earnings: 9/21/2020
• Today: 11/19/2024
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Discretionary
• Industry: Miscellaneous fabricated textile products
• Sub-Industry: Apparel
• Current Symbol: OTCMKTS:IVDN
• CUSIP: N/A
• CIK: 1190370
• Web: www.idigear.com
• Phone: (412) 799-0350
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-300,000.00
• Net Margins: -27.68%
• Pretax Margin: -27.57%
• Return on Equity: -14.52%
• Return on Assets: -11.23%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 3.90
• Quick Ratio: 1.65

Sales & Book Value

• Annual Sales: $350,000.00
• Price / Sales: 2.17
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.03 per share
• Price / Book: 0.67

Miscellaneous

• Outstanding Shares: 37,920,000
• Free Float: 28,674,000
• Market Cap: $758,400.00
• Optionable: Not Optionable
• Beta: -0.12