IP Group (LON:IPO) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

IP Group Plc (LON:IPOGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 44.84 ($0.56) and traded as high as GBX 53.70 ($0.67). IP Group shares last traded at GBX 53.60 ($0.67), with a volume of 663,453 shares traded.

IP Group Trading Down 0.6 %

The firm has a market cap of £530.32 million, a PE ratio of -242.27 and a beta of 1.36. The company has a 50-day simple moving average of GBX 46.93 and a 200 day simple moving average of GBX 44.86. The company has a current ratio of 9.28, a quick ratio of 8.59 and a debt-to-equity ratio of 14.18.

About IP Group

(Get Free Report)

IP Group Plc is a private equity and venture capital firm specializing in seed/startup, early venture, emerging growth, mature, mid venture, late venture, incubation, mezzanine in growth capital companies. It prefers to invest in energy, materials, healthcare, information technology, communication services, utilities, life sciences, deeptech, cleantech, chemicals, science and innovation companies.

Featured Articles

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.