IG Design Group (LON:IGR) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

IG Design Group plc (LON:IGR)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 139.69 ($1.76) and traded as low as GBX 57 ($0.72). IG Design Group shares last traded at GBX 57 ($0.72), with a volume of 249,128 shares.

IG Design Group Stock Performance

The stock has a 50 day moving average price of GBX 106.50 and a two-hundred day moving average price of GBX 139.69. 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 company has a market capitalization of £55.94 million, a price-to-earnings ratio of 1.93 and a beta of 1.08.

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.