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IP Group (LON:IPO) Share Price Passes Above 200-Day Moving Average - Time to Sell?

IP Group logo with Financial Services background

IP Group Plc (LON:IPO - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 44.86 ($0.56) and traded as high as GBX 52.30 ($0.66). IP Group shares last traded at GBX 51.50 ($0.65), with a volume of 2,735,951 shares traded.

IP Group Stock Performance

The company has a debt-to-equity ratio of 14.18, a quick ratio of 8.59 and a current ratio of 9.28. The firm has a market capitalization of £515.39 million, a PE ratio of -234.09 and a beta of 1.36. The firm's 50 day moving average price is GBX 46.56 and its 200-day moving average price is GBX 44.86.

About IP Group

(Get Free Report)

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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