IG Design Group (LON:IGR) Stock Price Passes Below 200 Day Moving Average – What’s Next?

IG Design Group plc (LON:IGR)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 104.98 ($1.34) and traded as low as GBX 50.60 ($0.64). IG Design Group shares last traded at GBX 51 ($0.65), with a volume of 48,220 shares traded.

IG Design Group Stock Up 3.1 %

The stock has a market cap of £51.62 million, a P/E ratio of 1.78 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’s fifty day simple moving average is GBX 58.38 and its 200-day simple moving average is GBX 104.98.

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.