Free Trial

IP Group (LON:IPO) Shares Pass Above Two Hundred Day Moving Average - What's Next?

IP Group logo with Financial Services background

Key Points

  • IP Group Plc's stock price recently surpassed its 200-day moving average, indicating a potential positive shift in market performance.
  • The company has a market capitalization of £537.36 million and a significant price-to-earnings ratio of -297.95, suggesting potential volatility in earnings.
  • IP Group is active in funding early-stage science innovation across deeptech, life sciences, and cleantech, emphasizing support for groundbreaking businesses emerging from research institutions.
  • Five stocks we like better than IP Group.

IP Group Plc (LON:IPO - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 48.29 ($0.65) and traded as high as GBX 60.02 ($0.81). IP Group shares last traded at GBX 59.50 ($0.81), with a volume of 1,440,741 shares changing hands.

IP Group Stock Performance

The company has a market capitalization of £537.36 million, a price-to-earnings ratio of -297.95 and a beta of 1.36. The company has a debt-to-equity ratio of 13.99, a current ratio of 9.28 and a quick ratio of 8.59. The stock has a 50 day moving average price of GBX 57.68 and a two-hundred day moving average price of GBX 48.29.

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in IP Group Right Now?

Before you consider IP Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IP Group wasn't on the list.

While IP Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.