Indigo Books & Music (TSE:IDG) Shares Cross Below Two Hundred Day Moving Average of $3.60

Shares of Indigo Books & Music Inc. (TSE:IDGGet Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.60 and traded as low as C$3.25. Indigo Books & Music shares last traded at C$3.56, with a volume of 14,623 shares changing hands.

Indigo Books & Music Stock Performance

The company has a current ratio of 1.18, a quick ratio of 0.30 and a debt-to-equity ratio of 1,859.04. The firm has a market capitalization of C$97.36 million and a price-to-earnings ratio of 29.67. The company has a 50-day moving average of C$3.35 and a 200-day moving average of C$3.60.

Indigo Books & Music (TSE:IDGGet Rating) last posted its quarterly earnings results on Thursday, June 2nd. The company reported C($0.82) earnings per share (EPS) for the quarter. The company had revenue of C$220.69 million during the quarter. On average, equities research analysts forecast that Indigo Books & Music Inc. will post 0.35 earnings per share for the current fiscal year.

About Indigo Books & Music

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Indigo Books & Music Inc, together with its subsidiaries, operates as a book and lifestyle retailer in Canada and the United States. It also offers books, toys, gifts, baby, kids, wellness, lifestyle, living, fashion, paper, home, and electronics products. The company provides its products under the OUI STUDIO, OUI Design, Auria, LOVE & LORE, NÓTA, Wonder Co, Mini Maison, and The Littlest brands.

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