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IG Design Group (LON:IGR) Trading Up 14.9% - Should You Buy?

IG Design Group logo with Consumer Cyclical background

IG Design Group plc (LON:IGR - Get Free Report) shot up 14.9% during mid-day trading on Wednesday . The company traded as high as GBX 57 ($0.76) and last traded at GBX 57 ($0.76). 827,624 shares traded hands during trading, an increase of 69% from the average session volume of 490,082 shares. The stock had previously closed at GBX 49.60 ($0.66).

Analyst Upgrades and Downgrades

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

View Our Latest Research Report on IGR

IG Design Group Stock Performance

The firm has a market cap of £58.23 million, a PE ratio of 2.01 and a beta of 1.08. The company has a debt-to-equity ratio of 35.81, a current ratio of 1.88 and a quick ratio of 0.85. The stock has a 50-day moving average price of GBX 54.96 and a 200 day moving average price of GBX 92.69.

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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