IP Group (LON:IPO) Insider Michael Queen Purchases 200,000 Shares

IP Group Plc (LON:IPO) insider Michael Queen acquired 200,000 shares of IP Group stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of GBX 66 per share, for a total transaction of £132,000.

IP Group Stock Performance

Shares of LON IPO remained flat at GBX 67.20 during midday 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 one year low of GBX 48 and a one year high of GBX 72. The company has a market capitalization of £593.66 million, a price-to-earnings ratio of 9.46 and a beta of 1.29. The firm has a 50-day moving average of GBX 65.66 and a 200-day moving average of GBX 60.62. The company has a current ratio of 0.16, a quick ratio of 8.59 and a debt-to-equity ratio of 12.28.

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.