IG Design Group plc (LON:IGR - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 65.21 ($0.88) and traded as low as GBX 59 ($0.80). IG Design Group shares last traded at GBX 62 ($0.84), with a volume of 197,541 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group began coverage on shares of IG Design Group in a research note on Tuesday, July 29th. They issued a "buy" rating and a GBX 120 price target on the stock. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, IG Design Group has an average rating of "Buy" and a consensus price target of GBX 195.
Read Our Latest Stock Report on IG Design Group
IG Design Group Price Performance
The company has a current ratio of 1.88, a quick ratio of 0.85 and a debt-to-equity ratio of 35.81. The company's fifty day moving average is GBX 71.51 and its two-hundred day moving average is GBX 65.23. The stock has a market cap of £58.88 million, a price-to-earnings ratio of 2.04 and a beta of 1.08.
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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