Innovative Designs (OTCMKTS:IVDN) Announces Quarterly Earnings Results

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.

Get Innovative Designs alerts:

About Innovative Designs

(Get Free Report)

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.

Featured Articles

• Five stocks we like better than Innovative Designs
• Analysts See Double-Digit Upside for These 3 Stocks
• 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
• Jackson’s Record Quarter Powers the Bull Case
• Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big

Receive News & Ratings for Innovative Designs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovative Designs and related companies with MarketBeat.com's FREE daily email newsletter.