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IP Group (LON:IPO) Stock Passes Above 200 Day Moving Average - Should You 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 Monday . The stock has a 200-day moving average of GBX 45.80 ($0.59) and traded as high as GBX 50 ($0.65). IP Group shares last traded at GBX 46.10 ($0.60), with a volume of 1,579,687 shares.

IP Group Stock Up 0.3 %

The company has a debt-to-equity ratio of 14.18, a current ratio of 9.28 and a quick ratio of 8.59. The company has a 50-day moving average of GBX 45.51 and a two-hundred day moving average of GBX 45.80. The company has a market capitalization of £460.17 million, a PE ratio of -210.23 and a beta of 1.36.

IP Group Company Profile

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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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