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IP Group (LON:IPO) Stock Price Passes Above 200 Day Moving Average - Here's What Happened

IP Group logo with Financial Services background

Shares of IP Group Plc (LON:IPO - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 45.65 ($0.58) and traded as high as GBX 46.30 ($0.58). IP Group shares last traded at GBX 45.45 ($0.57), with a volume of 1,585,966 shares.

IP Group Trading Up 0.1 %

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 firm has a 50-day moving average of GBX 47.12 and a 200 day moving average of GBX 45.63. The stock has a market capitalization of £452.21 million, a price-to-earnings ratio of -206.59 and a beta of 1.36.

IP Group Company Profile

(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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