Shares of IP Group Plc (LON:IPO – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 44.84 ($0.56) and traded as high as GBX 53.70 ($0.67). IP Group shares last traded at GBX 53.60 ($0.67), with a volume of 663,453 shares.
IP Group Stock Performance
The firm has a market cap of £533.30 million, a price-to-earnings ratio of -243.64 and a beta of 1.36. The company has a current ratio of 9.28, a quick ratio of 8.59 and a debt-to-equity ratio of 14.18. The stock’s 50 day moving average is GBX 46.83 and its 200 day moving average is GBX 44.84.
About IP Group
IP Group Plc is a private equity and venture capital firm specializing in seed/startup, early venture, emerging growth, mature, mid venture, late venture, incubation, mezzanine in growth capital companies. It prefers to invest in energy, materials, healthcare, information technology, communication services, utilities, life sciences, deeptech, cleantech, chemicals, science and innovation companies.
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