IG Design Group (LON:IGR) Insider Clare Askem Acquires 21,276 Shares

IG Design Group plc (LON:IGR) insider Clare Askem acquired 21,276 shares of IG Design Group stock in a transaction dated Tuesday, June 16th. The stock was purchased at an average cost of GBX 94 per share, for a total transaction of £19,999.44.

IG Design Group Trading Up 3.1%

LON:IGR opened at GBX 82 on Wednesday. The firm’s fifty day moving average is GBX 69.76 and its 200-day moving average is GBX 58.48. The company has a debt-to-equity ratio of 34.19, a quick ratio of 0.85 and a current ratio of 2.39. IG Design Group plc has a 52 week low of GBX 44 and a 52 week high of GBX 95. The firm has a market cap of £78.15 million, a P/E ratio of -0.31 and a beta of 0.75.

IG Design Group (LON:IGR) last posted its quarterly earnings data on Tuesday, June 16th. The company reported GBX 5.60 EPS for the quarter. IG Design Group had a negative net margin of 23.57% and a negative return on equity of 56.70%. The company had revenue of £217.87 million for the quarter. Equities analysts expect that IG Design Group plc will post 16.1507402 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 150 target price on shares of IG Design Group in a research note on Tuesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 150.

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.

Its five major product categories are: Celebrations, Craft, Stationery and Creative Play, Gifting, and Not-for-resale consumables.