IP Group Plc (LON:IPO – Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 45.37 ($0.55) and traded as high as GBX 51.70 ($0.63). IP Group shares last traded at GBX 49.10 ($0.60), with a volume of 3,423,283 shares trading hands.
IP Group Stock Performance
The firm has a market capitalization of £488.53 million, a price-to-earnings ratio of -223.18 and a beta of 1.36. The company has a 50-day moving average price of GBX 48.13 and a 200-day moving average price of GBX 45.37. The company has a quick ratio of 8.59, a current ratio of 9.28 and a debt-to-equity ratio of 14.18.
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.
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