Frontier IP Group (LON:FIPP) Shares Pass Above 50 Day Moving Average – What’s Next?

Frontier IP Group Plc (LON:FIPP) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 15.80 and traded as high as GBX 17.10. Frontier IP Group shares last traded at GBX 16, with a volume of 65,390 shares traded.

Frontier IP Group Stock Performance

The firm has a market capitalization of £12.10 million, a PE ratio of -1.35 and a beta of 0.51. The company has a debt-to-equity ratio of 31.75, a current ratio of 4.61 and a quick ratio of 23.03. The stock has a 50-day moving average price of GBX 15.80 and a 200-day moving average price of GBX 15.14.

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

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.