Frontier IP Group (LON:FIPP – Get Free Report) released its quarterly earnings data on Wednesday. The company reported GBX (2.81) (($0.04)) earnings per share for the quarter, Digital Look Earnings reports. Frontier IP Group had a negative net margin of 314.53% and a negative return on equity of 2.49%.
Frontier IP Group Stock Down 6.1 %
Shares of Frontier IP Group stock opened at GBX 23.47 ($0.30) on Wednesday. Frontier IP Group has a 52 week low of GBX 20 ($0.26) and a 52 week high of GBX 45 ($0.58). The business has a 50 day moving average price of GBX 23.69 and a 200-day moving average price of GBX 27.83. The company has a market cap of £15.27 million, a PE ratio of -11.02 and a beta of 0.32.
About Frontier IP Group
Our strategy is based on proving the commercial worth of IP developed by our portfolio companies before raising significant sums of money to support their further growth. We earn equity stakes in return for providing a range of hands-on commercialisation services.
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