IP Group (LON:IPO) Shares Up 3.6% – Should You Buy?

IP Group Plc (LON:IPOGet Free Report)’s share price traded up 3.6% during mid-day trading on Monday . The stock traded as high as GBX 50.70 ($0.65) and last traded at GBX 49.95 ($0.64). 3,387,287 shares changed hands during trading, an increase of 5% from the average session volume of 3,239,722 shares. The stock had previously closed at GBX 48.20 ($0.61).

IP Group Price Performance

The company has a quick ratio of 8.59, a current ratio of 9.28 and a debt-to-equity ratio of 14.18. The stock has a market cap of £511.41 million, a PE ratio of -233.64 and a beta of 1.36. The firm’s fifty day moving average price is GBX 46.37 and its 200 day moving average price is GBX 44.95.

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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