Innovative Designs (OTCMKTS:IVDN) Shares Pass Below 200 Day Moving Average of $0.18

Innovative Designs, Inc. (OTCMKTS:IVDN) 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 company has a quick ratio of 0.77, a current ratio of 2.33 and a debt-to-equity ratio of 0.04. The company’s 50 day moving average price is $0.16 and its two-hundred day moving average price is $0.18.

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.