IP Group (LON:IPO) Insider Acquires £17,930.24 in Stock

IP Group Plc (LON:IPO) insider David Baynes purchased 26,368 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was bought at an average price of GBX 68 per share, for a total transaction of £17,930.24.

IP Group Price Performance

IPO stock remained flat at GBX 67.20 during trading on Wednesday. 520,219 shares of the company traded hands, compared to its average volume of 7,743,792. IP Group Plc has a 52 week low of GBX 48 and a 52 week high of GBX 72. The firm has a 50-day moving average of GBX 65.66 and a 200 day moving average of GBX 60.62. The stock has a market cap of £593.66 million, a price-to-earnings ratio of 9.46 and a beta of 1.29. The company has a debt-to-equity ratio of 12.28, a current ratio of 0.16 and a quick ratio of 8.59.

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