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IG Design Group (LON:IGR) Shares Cross Below Two Hundred Day Moving Average - What's Next?

IG Design Group logo with Consumer Cyclical background

IG Design Group plc (LON:IGR - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 91.22 ($1.20) and traded as low as GBX 57.05 ($0.75). IG Design Group shares last traded at GBX 58.20 ($0.77), with a volume of 269,170 shares changing hands.

Analyst Upgrades and Downgrades

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

Get Our Latest Research Report on IGR

IG Design Group Stock Performance

The company has a market capitalization of £60.87 million, a P/E ratio of 2.10 and a beta of 1.08. The stock has a fifty day simple moving average of GBX 54.92 and a 200-day simple moving average of GBX 89.88. The company has a quick ratio of 0.85, a current ratio of 1.88 and a debt-to-equity ratio of 35.81.

About IG Design Group

(Get Free Report)

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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