Innovative Designs (OTCMKTS:IVDN – Get Free Report) released its earnings results on Wednesday. The company reported $0.01 EPS for the quarter, Zacks reports. Innovative Designs had a return on equity of 24.63% and a net margin of 18.21%.
Innovative Designs Stock Performance
OTCMKTS IVDN opened at $0.22 on Thursday. The business has a 50 day moving average price of $0.24 and a 200 day moving average price of $0.29. The company has a market capitalization of $8.62 million, a P/E ratio of 7.46 and a beta of -2.73. Innovative Designs has a 1-year low of $0.15 and a 1-year high of $0.42. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.48 and a quick ratio of 5.52.
About Innovative Designs
Innovative Designs, Inc engages in manufacture and marketing of cold weather recreational and industrial clothing products in the United States and Canada. The company operates in two segments, Apparel and House Wrap. It offers arctic armor line products, including jackets, bibs, and gloves for ice fisherman, snowmobilers, utility workers, oil/gas pipeline workers, railroad workers, construction workers, ski resort workers, and police and first responders; and house wrap that provides barrier protection and moisture vapor transmission and insulation for the building construction industry.
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