IG Design Group (LON:IGR) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

IG Design Group plc (LON:IGR)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 132.82 ($1.68) and traded as low as GBX 60 ($0.76). IG Design Group shares last traded at GBX 61.29 ($0.77), with a volume of 183,988 shares.

IG Design Group Stock Performance

The company has a market capitalization of £59.53 million, a price-to-earnings ratio of 2.06 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 has a 50 day moving average price of GBX 98.12 and a two-hundred day moving average price of GBX 132.82.

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.