IP Group (LON:IPO) Shares Down 6.2% - Time to Sell?

Key Points

• IP Group's shares dropped by 6.2% on Tuesday, closing at GBX 57.30 ($0.77), with a significant decline in trading volume of 43% from its average session.
• The company has a market capitalization of £521.70 million and a notably high debt-to-equity ratio of 13.99, indicating potential financial risks.
• IP Group focuses on investing in early-stage science ventures, particularly in deeptech, life sciences, and cleantech, positioning itself as a key player in tech innovation from UK universities and research institutions.

IP Group Plc (LON:IPO - )'s share price fell 6.2% on Tuesday . The stock traded as low as GBX 56.60 ($0.76) and last traded at GBX 57.30 ($0.77). 2,891,031 shares traded hands during trading, a decline of 43% from the average session volume of 5,094,256 shares. The stock had previously closed at GBX 61.10 ($0.82).

IP Group Trading Down 6.2%

The firm has a market capitalization of £521.70 million, a PE ratio of -286.93 and a beta of 1.36. The firm's fifty day moving average is GBX 56.76 and its two-hundred day moving average is GBX 47.77. The company has a debt-to-equity ratio of 13.99, a current ratio of 9.28 and a quick ratio of 8.59.

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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