IP Group (LON:IPO) Shares Pass Above 200 Day Moving Average – Should You Sell?

IP Group Plc (LON:IPOGet Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 60.08 and traded as high as GBX 66.40. IP Group shares last traded at GBX 66.40, with a volume of 1,508,537 shares.

IP Group Stock Performance

The company has a debt-to-equity ratio of 12.28, a quick ratio of 8.59 and a current ratio of 0.16. The business has a 50 day moving average price of GBX 65.66 and a two-hundred day moving average price of GBX 60.15. The company has a market cap of £583.06 million, a P/E ratio of 9.30 and a beta of 1.29.

IP Group Company Profile

(Get Free Report)

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. Our specialist investment team combines sector expertise with an international approach.

Featured Stories

Receive News & Ratings for IP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IP Group and related companies with MarketBeat.com's FREE daily email newsletter.