IG Design Group (LON:IGR) Reaches New 52-Week Low – Should You Sell?

IG Design Group plc (LON:IGR)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 54.38 ($0.70) and last traded at GBX 55 ($0.71), with a volume of 251601 shares trading hands. The stock had previously closed at GBX 57 ($0.73).

IG Design Group Stock Down 1.4 %

The business has a fifty day moving average of GBX 61.15 and a 200 day moving average of GBX 111.61. The stock has a market capitalization of £53.98 million, a price-to-earnings ratio of 1.87 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.

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.