Innovative Designs (OTCMKTS:IVDN) Shares Pass Above 50-Day Moving Average of $0.24

Innovative Designs Inc (OTCMKTS:IVDN) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.24 and traded as high as $0.31. Innovative Designs shares last traded at $0.30, with a volume of 9,400 shares changing hands.

The company has a current ratio of 1.44, a quick ratio of 0.17 and a debt-to-equity ratio of 0.20. The business’s fifty day simple moving average is $0.25.

Innovative Designs Company Profile (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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