Jo Stent Acquires 53,571 Shares of Frontier IP Group Plc (LON:FIPP) Stock

Frontier IP Group Plc (LON:FIPP) insider Jo Stent purchased 53,571 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The stock was acquired at an average cost of GBX 24 ($0.31) per share, for a total transaction of £12,857.04 ($16,621.90).

Frontier IP Group Price Performance

Shares of LON:FIPP traded down GBX 0.90 ($0.01) during midday trading on Wednesday, reaching GBX 24.10 ($0.31). 38,235 shares of the company’s stock were exchanged, compared to its average volume of 120,789. The stock has a market cap of £15.68 million, a price-to-earnings ratio of -11.32 and a beta of 0.32. Frontier IP Group Plc has a fifty-two week low of GBX 20 ($0.26) and a fifty-two week high of GBX 45 ($0.58). The firm’s 50 day simple moving average is GBX 23.57 and its two-hundred day simple moving average is GBX 27.35.

Frontier IP Group (LON:FIPP) last announced its quarterly earnings results on Wednesday, March 26th. The company reported GBX (2.81) (($0.04)) earnings per share for the quarter. Frontier IP Group had a negative net margin of 314.53% and a negative return on equity of 2.49%.

About Frontier IP Group

Frontier IP Group builds value by uniting science, industry and finance to commercialise university intellectual property.

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.