Frontier IP Group (LON:FIPP) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Frontier IP Group Plc (LON:FIPP) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 16.53 and traded as high as GBX 18. Frontier IP Group shares last traded at GBX 16.22, with a volume of 93,787 shares trading hands.

Frontier IP Group Stock Down 4.6%

The firm has a market cap of £12.27 million, a P/E ratio of -1.37 and a beta of 0.51. The stock’s 50 day simple moving average is GBX 16.53 and its 200 day simple moving average is GBX 15. The company has a debt-to-equity ratio of 31.75, a quick ratio of 23.03 and a current ratio of 4.61.

Frontier IP Group (LON:FIPP) last announced its quarterly earnings results on Monday, March 30th. The company reported GBX (4.54) EPS for the quarter. The business had revenue of GBX 13 million for the quarter. Frontier IP Group had a negative net margin of 2,477.36% and a negative return on equity of 19.23%.

Frontier IP Group Company Profile

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.

The spin outs we work with include those at the cutting edge of developing new vaccines and antibiotics, agricultural robotics, sustainable materials and improving the energy efficiency of solar cells and power converters.

Our portfolio companies’ IP is based on research from universities in the UK and Portugal, including Cambridge, Plymouth, Heriot-Watt, the University of Central Lancashire, NOVA University, Lisbon FCT NOVA, and INESC TEC.