IP Group (LON:IPO) Hits New 1-Year High - Still a Buy?

Key Points

• Shares of IP Group Plc reached a new 52-week high of GBX 59.80 ($0.80), up from a close of GBX 57.71 ($0.78), with a trading volume of approximately 1.5 million shares.
• The company has a market capitalization of £564.42 million, a debt-to-equity ratio of 13.99, and a negative PE ratio of -2.66.
• IP Group is noted for being the most active UK-based early-stage science investor, focusing on sectors like deeptech, life sciences, and cleantech.

Shares of IP Group Plc (LON:IPO - ) hit a new 52-week high on Monday . The stock traded as high as GBX 59.80 ($0.80) and last traded at GBX 59.80 ($0.80), with a volume of 1485897 shares changing hands. The stock had previously closed at GBX 57.71 ($0.78).

IP Group Price Performance

The company has a current ratio of 9.28, a quick ratio of 8.59 and a debt-to-equity ratio of 13.99. The firm has a fifty day moving average of GBX 52.55 and a two-hundred day moving average of GBX 46.71. The company has a market capitalization of £564.42 million, a PE ratio of -2.66 and a beta of 1.36.

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.

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