Innovative Designs (OTCMKTS:IVDN) Releases Quarterly Earnings Results

Innovative Designs (OTCMKTS:IVDN) released its quarterly earnings data on Monday. The company reported $0.00 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 OTCMKTS IVDN remained flat at $$0.26 during midday trading on Wednesday. The stock had a trading volume of 300 shares, compared to its average volume of 11,139. Innovative Designs has a 52-week low of $0.15 and a 52-week high of $0.51. The company’s 50 day moving average is $0.29 and its 200 day moving average is $0.28. The company has a quick ratio of 0.21, a current ratio of 1.37 and a debt-to-equity ratio of 0.16.

About Innovative Designs

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.

Read More: What is a balanced fund?

Earnings History for Innovative Designs (OTCMKTS:IVDN)

Receive News & Ratings for Innovative Designs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovative Designs and related companies with's FREE daily email newsletter.