IP Group (LON:IPO) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

IP Group Plc (LON:IPOGet Free Report)’s share price crossed 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 changing hands.

IP Group Price Performance

The company has a market capitalization of £463.66 million, a P/E ratio of -209.55 and a beta of 1.36. 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 business’s fifty day moving average price is GBX 45.51 and its 200-day moving average price is GBX 45.80.

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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