Is Innovative Designs, Inc. (IVDN) a Buy, Sell, or Hold?
Innovative Designs, Inc.
PNK:IVDN
$0.02 USD
-$0.1 (-83.99%)
- Volume
- 3.75K
- Average Volume
- 840
- Market Capitalization
- $758.48K
- P/E Ratio
- -4.38
- Dividend Yield
- 0.00%
- Price Target
- $
- Year High
- $0.25
- Year Low
- $0.01
- Payout Ratio
- $0.00
- Current Ratio
- $3.90
Industry, Sector & symbol
| Stock Exchange | Other OTC |
| CEO | Mr. John L. Thomas Esq. |
| Industry | Apparel - Retail |
| Sector | Consumer Cyclical |
| Current Symbol | IVDN |
| CUSIP | 45772B106 |
| CIK | 0001190370 |
| Web | https://www.idigear.com |
| Phone | 412 799 0350 |
| Currency | USD |
| Employees | 2 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 0.09 |
| Payout Ratio | 0.00 |
| Current Ratio | 3.90 |
| Quick Ratio | 1.65 |
| Cash Ratio | 1.04 |
Sales & Book Value
| Annual Sales | $347.76K |
| Price / Sales | 1.23 |
| Cash Flow | -0.01 |
| Price / Cash Flow | -2.64 |
| Price / Book | 0.57 |
Price Target and Rating
| Average Stock Price Forecast | $ |
| High Stock Price Forecast | $ |
| Low Stock Price Forecast | $ |
| Forecast Upside/Downside | % |
| Consensus Rating | Strong Sell |
| Rating Score(0-5) | 1 |
| Research Coverage | 0 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-0.0085 |
| Trailing P/E Ratio | -4.38 |
| PEG Ratio | -0.10 |
| P/E Growth | -0.10 |
| Net Income | $-301.38K |
| Net Margin | -27.78% |
| Pretax Margin | -27.78% |
| Return on Equity | -14.43% |
| Return on Assets | -10.82% |
Financials Score
| AltmanZ Score | -7.21 |
| Piotroski Score | 3.00 |
| Working Capital | 673.06K |
| Total Assets | 1.58M |
| Ebit | -145.34K |
| Market Cap | 758.48K |
| Total Liabilities | 274.17K |
Poll Results
About Innovative Designs, Inc. (PNK:IVDN) Stock
Innovative Designs, Inc. manufactures and markets 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, and tape products for the building construction industry. In addition, it offers INSULTEX material in bulk to non-competing customers; products that restore the waterproof character of the outer side of its arctic armor clothing; and cold weather headgears ... and base insulation clothing products. The company primarily sells its products through independent sales agents, agencies, retailers, and distributors, as well as through website. Innovative Designs, Inc. was incorporated in 2002 and is based in Pittsburgh, Pennsylvania.
2024-11-22 07:25:00
Dublin, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The "Folding Carton Packaging - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Folding Carton Packaging was estimated at US$153.6 Billion in 2023 and is projected to reach US$219.3 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. One of the key advantages of folding carton packaging is its sustainability. As consumers and companies increasingly focus on reducing plastic usage and adopting more eco-friendly packaging options, folding cartons made from recyclable and biodegradable paperboard are gaining popularity. This packaging solution aligns with the growing trend toward sustainable packaging, helping companies meet regulatory requirements and consumer expectations for environmentally responsible products. Additionally, folding cartons are easy to manufacture, fold, and assemble, making them highly efficient for high-volume packaging operations, further driving their widespread use in retail and consumer goods sectors.
2024-08-27 09:19:00
Dublin, Aug. 27, 2024 (GLOBE NEWSWIRE) -- The "Global Gaskets & Seals Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global gaskets and seals market is expected to reach a value of $100.72 billion by 2029 from $72.03 billion in 2023, growing at a CAGR of 5.75%
Innovative Designs Vendor Growth
2024-04-10 13:38:00
PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
2023-12-27 12:37:00
PITTSBURGH, PA, Dec. 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Innovative Designs, Inc. (OTCQB: IVDN) is continuing to develop and protect its proprietary advanced insulation technologies. We are pleased to announce the recent filing and acceptance of an International Patent Application with the World International Patent Organization (WIPO). This addition to our existing patents is for technological improvements to Innovative Designs' unique, evacuated cell Insultex House Wrap® which delivers thermal insulation performance far superior to all competitive products on the market today.
2023-10-26 12:08:00
PITTSBURGH, PA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Innovative Designs, Inc. (OTCQB: IVDN) is pleased to announce that in the company's fiscal fourth quarter, we have gained over a dozen new client accounts for our patented, R-6 rated Insultex House Wrap®, with product being shipped out to meet rising demand. The new clients and other interested parties contacting us include some high market cap companies that are very important participants in the home building and remodeling industry. One reason for the accelerating interest in Insultex House Wrap® appears to be related to new building codes going into effect across the US which require higher insulation performance standards. Insultex House Wrap® meets or exceeds these standards where many competitive products do not.
Frequently Asked Questions
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What is the current Innovative Designs, Inc. (IVDN) stock price?
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Innovative Designs, Inc.(PNK:IVDN) stock price is $0.02 in the last trading session. During the trading session, IVDN stock reached the peak price of $0.25 while $0.01 was the lowest point it dropped to. The percentage change in IVDN stock occurred in the recent session was --83.99% while the dollar amount for the price change in IVDN stock was -$-0.1.
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IVDN's industry and sector of operation?
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The PNK listed IVDN is part of Apparel - Retail industry that operates in the broader Consumer Cyclical sector.
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Who are the executives of IVDN?
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Mr. John L. Thomas Esq. | Chief Executive Officer & Chief Financial Officer
Mr. Gregory P. Domian | Vice President of Sales & Marketing
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How many employees does IVDN have?
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Number of IVDN employees currently stands at 2. IVDN operates from 124 Cherry Street, Pittsburgh, PA 15223, US.
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Link for IVDN official website?
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Official Website of IVDN is: https://www.idigear.com
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How do I contact IVDN?
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IVDN could be contacted at phone #412 799 0350 and can also be accessed through its website. IVDN operates from 124 Cherry Street, Pittsburgh, PA 15223, US.
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How many shares of IVDN are traded daily?
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The average number of IVDN shares traded daily for last 3 months was 840.
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What is the market cap of IVDN currently?
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The market value of IVDN currently stands at $758.48K with its latest stock price at $0.02