Indigo Books & Music (TSE:IDG) Share Price Crosses Below Two Hundred Day Moving Average of $2.54

Indigo Books & Music Inc. (TSE:IDGGet Rating) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.54 and traded as low as C$2.06. Indigo Books & Music shares last traded at C$2.12, with a volume of 6,221 shares.

Indigo Books & Music Stock Up 3.4 %

The firm has a market capitalization of C$57.98 million and a price-to-earnings ratio of 26.50. The business has a 50 day simple moving average of C$2.11 and a 200-day simple moving average of C$2.54. The company has a debt-to-equity ratio of 12,107.67, a quick ratio of 0.09 and a current ratio of 1.05.

Indigo Books & Music (TSE:IDGGet Rating) last issued its earnings results on Wednesday, November 9th. The company reported C($0.57) earnings per share (EPS) for the quarter. The business had revenue of C$236.25 million during the quarter. On average, equities analysts expect that Indigo Books & Music Inc. will post -0.31 EPS for the current 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, NĂ“TA, Wonder Co, Mini Maison, and The Littlest brands.

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