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IP Group (LON:IPO) Trading 3.6% Higher - Here's What Happened

IP Group logo with Financial Services background

IP Group Plc (LON:IPO - Get Free Report) shares traded up 3.6% on Monday . The company traded as high as GBX 50.70 ($0.65) and last traded at GBX 49.95 ($0.64). 3,387,287 shares were traded during mid-day trading, an increase of 5% from the average session volume of 3,239,722 shares. The stock had previously closed at GBX 48.20 ($0.62).

IP Group Trading Up 2.1 %

The stock has a market capitalization of £507.43 million, a P/E ratio of -231.82 and a beta of 1.36. The business has a 50 day simple moving average of GBX 46.30 and a 200-day simple moving average of GBX 44.91. The company has a debt-to-equity ratio of 14.18, a quick ratio of 8.59 and a current ratio of 9.28.

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.

Further Reading

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