IG Design Group (LON:IGR) Share Price Crosses Above 50-Day Moving Average of $63.05

IG Design Group plc (LON:IGRGet Rating) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 63.05 ($0.77) and traded as high as GBX 67 ($0.82). IG Design Group shares last traded at GBX 66 ($0.81), with a volume of 127,196 shares changing hands.

Separately, Canaccord Genuity Group reissued an “under review” rating on shares of IG Design Group in a research report on Wednesday, April 27th.

The company has a quick ratio of 0.88, a current ratio of 1.47 and a debt-to-equity ratio of 64.80. The business’s 50-day moving average is GBX 63.05 and its two-hundred day moving average is GBX 124.02. The company has a market capitalization of £64.95 million and a P/E ratio of 8.16.

About IG Design Group (LON:IGR)

IG Design Group plc designs, manufactures, and distributes celebrations, craft and creative play, stationery, gifting, and not for sale consumable products. Its celebrations products include greetings cards, Christmas crackers, gift bags, partyware products, and gift wraps, as well as gift accessories, such as tags, strings, ribbons, and bows; and gifting products comprise frames, albums, diaries, and calendars, as well as food and non-food gifts.

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