IP Group Plc (LON:IPO - Get Free Report) shares were down 6.2% during mid-day trading on Wednesday . The company traded as low as GBX 56.60 ($0.76) and last traded at GBX 57.30 ($0.77). Approximately 2,891,031 shares were traded during trading, a decline of 43% from the average daily volume of 5,094,256 shares. The stock had previously closed at GBX 61.10 ($0.83).
IP Group Stock Up 1.0%
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 company has a market capitalization of £536.27 million, a P/E ratio of -294.94 and a beta of 1.36. The stock has a 50-day moving average price of GBX 57.23 and a 200-day moving average price of GBX 48.01.
About IP Group
(
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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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