IP Group Plc (OTCMKTS:IPZYF – Get Free Report) shares dropped 16.2% during mid-day trading on Friday . The stock traded as low as $0.57 and last traded at $0.57. Approximately 1,000 shares changed hands during trading, a decline of 77% from the average daily volume of 4,420 shares. The stock had previously closed at $0.68.
IP Group Trading Down 16.2 %
The firm’s 50 day simple moving average is $0.66 and its 200-day simple moving average is $0.71.
IP Group Company Profile
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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