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IP Group (LON:IPO) Stock Price Passes Above 200 Day Moving Average of $45.60

IP Group logo with Financial Services background

Shares of IP Group Plc (LON:IPO - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 45.60 ($0.61) and traded as high as GBX 48 ($0.64). IP Group shares last traded at GBX 47 ($0.63), with a volume of 1,409,011 shares traded.

IP Group Price Performance

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 has a 50-day moving average price of GBX 42.09 and a 200 day moving average price of GBX 45.60. The stock has a market capitalization of £490.97 million, a price-to-earnings ratio of -224.09 and a beta of 1.36.

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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