IG Design Group (LON:IGR) Reaches New 1-Year High at $172.90

IG Design Group plc (LON:IGR) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 172.90 ($2.17) and last traded at GBX 172 ($2.16), with a volume of 887161 shares. The stock had previously closed at GBX 156.14 ($1.96).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lifted their price target on IG Design Group from GBX 275 ($3.45) to GBX 325 ($4.08) and gave the company a “buy” rating in a research report on Tuesday, April 30th.

IG Design Group Trading Up 10.2 %

The company’s 50-day moving average is GBX 122.60 and its 200 day moving average is GBX 134.01. The company has a market cap of £169.04 million, a price-to-earnings ratio of -765.86 and a beta of 1.17. The company has a quick ratio of 0.85, a current ratio of 1.64 and a debt-to-equity ratio of 44.29.

IG Design Group Company Profile

IG Design Group plc engages in the design, production, and distribution of celebrations, craft and creative play, stationery, gifting, and not for re-sale consumable products in the Americas, the United Kingdom, and internationally. It operates in two segments, the DG Americas and the DG International.