IG Design Group plc designs, manufactures, and distributes celebrations, craft and creative play, stationery, gifting, and not for re-sale consumable products in the Americas, the United Kingdom, and internationally. It provides celebrations products, including greetings cards, gift wraps, Christmas crackers, gift bags, and partyware products, as well as gift accessories, such as tags, strings, ribbons, and bows; and gifting products comprise frames, albums, calendars and diaries, as well as food and non-food gifts. The company also offers ribbons and trims, sewing patterns, buttons, needlecrafts, and kids craft lines; stationery products, including pencils, pens, notebooks, pencil cases, clips, journals, etc. for use in education, commercial, and home settings; and bin liners, refuse sacks, food bags, and other collateral products, as well as paper twist handle bags. It serves retailers, other manufacturers and wholesalers of greetings products, service merchandisers, and trading companies. The company was formerly known as International Greetings plc and changed its name to IG Design Group plc in June 2016. IG Design Group plc was incorporated in 1978 and is based in Newport Pagnell, the United Kingdom.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reissued an "under review" rating on shares of IG Design Group in a report on Tuesday, June 28th.
IG Design Group Stock Performance
IGR Stock traded up GBX 3 ($0.04) during trading on Tuesday, hitting GBX 137 ($1.66). 460,050 shares of the company's stock traded hands, compared to its average volume of 673,682. The stock has a fifty day moving average price of GBX 89.20 and a two-hundred day moving average price of GBX 79.79. The company has a quick ratio of 0.73, a current ratio of 1.80 and a debt-to-equity ratio of 32.43. IG Design Group has a 52 week low of GBX 46.60 ($0.56) and a 52 week high of GBX 285 ($3.44). The stock has a market capitalization of £133.58 million and a price-to-earnings ratio of 1,488.89.
Insider Activity at IG Design Group
In related news, insider Clare Askem bought 24,096 shares of the firm's stock in a transaction on Tuesday, June 28th. The stock was bought at an average cost of GBX 83 ($1.00) per share, for a total transaction of £19,999.68 ($24,165.88).