IP Group (LON:IPO – Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX (19.97) (($0.26)) EPS for the quarter, Digital Look Earnings reports. IP Group had a net margin of 106.78% and a negative return on equity of 19.85%.
IP Group Trading Down 1.8 %
Shares of IPO stock opened at GBX 41.85 ($0.54) on Thursday. IP Group has a twelve month low of GBX 35.65 ($0.46) and a twelve month high of GBX 56.20 ($0.72). The stock has a market cap of £399.39 million, a price-to-earnings ratio of -1.88 and a beta of 1.36. The company’s 50-day moving average price is GBX 46.34 and its 200-day moving average price is GBX 47.44. The company has a current ratio of 9.28, a quick ratio of 8.59 and a debt-to-equity ratio of 13.99.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 126 ($1.62) price target on shares of IP Group in a research report on Tuesday.
IP Group Company Profile
IP Group accelerates the impact of science for a better future. As the most active UK based, early-stage science investor, we develop and support some of the world’s most exciting businesses in deeptech, life sciences and cleantech (led by Kiko Ventures). Through Parkwalk, the UK’s largest growth EIS fund manager, we also back world-changing innovation emerging in leading universities and research institutions.
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