Innovative Designs (OTCMKTS:IVDN) Stock Crosses Below 200-Day Moving Average of $0.18

Innovative Designs, Inc. (OTCMKTS:IVDN)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.18 and traded as low as $0.13. Innovative Designs shares last traded at $0.13, with a volume of 83,150 shares trading hands.

Innovative Designs Trading Down 18.8 %

The stock has a 50 day moving average price of $0.16 and a 200 day moving average price of $0.18. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.77 and a current ratio of 2.33.

Innovative Designs Company Profile

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.