IG Design Group (LON:IGR) Stock Passes Below 200 Day Moving Average of $174.90

Posted by ABMN Staff on Sep 12th, 2024

IG Design Group plc (LON:IGR – Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 174.90 ($2.29) and traded as low as GBX 160 ($2.09). IG Design Group shares last traded at GBX 162.50 ($2.13), with a volume of 138,192 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 325 ($4.25) price objective on shares of IG Design Group in a research report on Wednesday, July 3rd.

Read Our Latest Stock Analysis on IG Design Group

IG Design Group Stock Performance

The business has a 50-day moving average of GBX 200.30 and a 200 day moving average of GBX 174.90. The company has a debt-to-equity ratio of 35.04, a current ratio of 1.88 and a quick ratio of 0.85. The company has a market cap of £165.11 million, a PE ratio of 580.36 and a beta of 1.08.

About IG Design Group

(Get Free Report)

IG Design Group plc engages in the design, production, and distribution of celebrations, craft and creative play, stationery, gifting, and not for re-sale consumable products in the Americas, the United Kingdom, and internationally. It operates in two segments, the DG Americas and the DG International.