IP Group (LON:IPO) Trading Up 3.6% – Still a Buy?

Shares of IP Group Plc (LON:IPOGet Free Report) were up 3.6% during trading on Monday . The stock traded as high as GBX 50.70 ($0.65) and last traded at GBX 49.95 ($0.64). Approximately 3,387,287 shares were traded during trading, an increase of 5% from the average daily volume of 3,239,722 shares. The stock had previously closed at GBX 48.20 ($0.61).

IP Group Stock Down 1.2 %

The company’s 50-day moving average is GBX 46.30 and its 200 day moving average is GBX 44.91. The company has a market capitalization of £491.02 million, a PE ratio of -227.05 and a beta of 1.36. The company has a debt-to-equity ratio of 14.18, a quick ratio of 8.59 and a current ratio of 9.28.

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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