Innovative Designs (OTCMKTS:IVDN) Issues Quarterly Earnings Results

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Innovative Designs (OTCMKTS:IVDN) announced its quarterly earnings results on Monday. The company reported $0.00 earnings per share (EPS) for the quarter, Zacks reports. Innovative Designs had a negative return on equity of 76.25% and a negative net margin of 375.02%.

Shares of Innovative Designs stock remained flat at $$0.26 during trading hours on Wednesday. The company’s stock had a trading volume of 300 shares, compared to its average volume of 11,139. Innovative Designs has a 12 month low of $0.15 and a 12 month high of $0.51. The stock has a 50 day simple moving average of $0.29 and a 200 day simple moving average of $0.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 0.21.

Innovative Designs Company Profile

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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Earnings History for Innovative Designs (OTCMKTS:IVDN)

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