IG Design Group (LON:IGR) Shares Up 32.3% - What's Next?

IG Design Group plc (LON:IGR - Get Free Report)'s share price shot up 32.3% on Friday . The stock traded as high as GBX 85 ($1.14) and last traded at GBX 84 ($1.13). 564,669 shares were traded during trading, an increase of 29% from the average session volume of 437,386 shares. The stock had previously closed at GBX 63.50 ($0.85).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated 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 firm has a market capitalization of £83.41 million, a price-to-earnings ratio of 2.88 and a beta of 1.08. The company has a fifty day moving average price of GBX 56.77 and a two-hundred day moving average price of GBX 82.68. The company has a current ratio of 1.88, a quick ratio of 0.85 and a debt-to-equity ratio of 35.81.

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.