IG Design Group (LON:IGR) Share Price Passes Above 50 Day Moving Average - What's Next?

Shares of IG Design Group plc (LON:IGR - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 55.89 ($0.75) and traded as high as GBX 65 ($0.87). IG Design Group shares last traded at GBX 61.60 ($0.83), with a volume of 77,493 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated an "under review" rating on shares of IG Design Group in a report on Wednesday, April 30th.

IG Design Group Trading Up 33.9%

The company has a 50 day moving average price of GBX 56.17 and a 200 day moving average price of GBX 83.41. The firm has a market cap of £83.41 million, a price-to-earnings ratio of 2.88 and a beta of 1.08. The company has a debt-to-equity ratio of 35.81, a quick ratio of 0.85 and a current ratio of 1.88.

IG Design Group Company Profile

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.