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IP Group (LON:IPO) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

IP Group logo with Financial Services background

Key Points

  • IP Group Plc's shares crossed above their 200-day moving average during trading, reaching a high of GBX 57.20 ($0.76) before last trading at GBX 56.60 ($0.75).
  • The company holds a market capitalization of £537.29 million and has a notably high quick ratio of 8.59, indicating strong liquidity.
  • IP Group is a prominent early-stage science investor in the UK, focusing on sectors including deeptech, life sciences, and cleantech.
  • Want stock alerts on IP Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of IP Group Plc (LON:IPO - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 46.55 ($0.63) and traded as high as GBX 57.20 ($0.77). IP Group shares last traded at GBX 56.60 ($0.76), with a volume of 1,348,205 shares traded.

IP Group Trading Up 0.6%

The company has a debt-to-equity ratio of 13.99, a quick ratio of 8.59 and a current ratio of 9.28. The firm has a market capitalization of £546.99 million, a price-to-earnings ratio of -2.58 and a beta of 1.36. The company has a 50 day moving average price of GBX 52.29 and a two-hundred day moving average price of GBX 46.73.

IP Group Company Profile

(Get Free Report)

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.

Further Reading

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