IG Design Group (LON:IGR) Reaches New 12-Month High at $172.90

IG Design Group plc (LON:IGR)’s share price hit a new 52-week high during mid-day 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 changing hands. The stock had previously closed at GBX 156.14 ($1.96).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lifted their price target on shares of 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 Stock Up 10.2 %

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