Innovative Designs (OTCMKTS:IVDN) Stock Crosses Above 200 Day Moving Average of $0.00

Innovative Designs Inc (OTCMKTS:IVDN)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.07. Innovative Designs shares last traded at $0.07, with a volume of 15,600 shares changing hands.

The company has a quick ratio of 0.26, a current ratio of 1.70 and a debt-to-equity ratio of 0.10. The company’s 50 day moving average is $0.09.

Innovative Designs (OTCMKTS:IVDN) last issued its earnings results on Wednesday, May 1st. The company reported ($0.01) earnings per share for the quarter. Innovative Designs had a negative return on equity of 57.29% and a negative net margin of 264.29%. The company had revenue of $0.11 million during the quarter.

About Innovative Designs (OTCMKTS:IVDN)

Innovative Designs, Inc manufactures and markets cold weather recreational and industrial clothing products. 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 INSULTEX house wrap products for the building construction industry.

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