IP Group Plc (LON:IPO – Get Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 60.08 and traded as high as GBX 66.40. IP Group shares last traded at GBX 66.40, with a volume of 1,508,537 shares changing hands.
IP Group Price Performance
The company has a debt-to-equity ratio of 12.28, a current ratio of 0.16 and a quick ratio of 8.59. The business’s fifty day moving average price is GBX 65.61 and its 200-day moving average price is GBX 60.08. The stock has a market capitalization of £586.60 million, a price-to-earnings ratio of 9.35 and a beta of 1.29.
About IP Group
IP Group accelerates the impact of science for a better future. As the most active UK based, early-stage science investor, we develop and support some of the world’s most exciting businesses in deeptech, life sciences and cleantech (led by Kiko Ventures). Through Parkwalk, the UK’s largest growth EIS fund manager, we also back world-changing innovation emerging in leading universities and research institutions. Our specialist investment team combines sector expertise with an international approach.
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