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IP Group (LON:IPO) Stock Price Crosses Above Two Hundred Day Moving Average - What's Next?

IP Group logo with Financial Services background

Key Points

  • IP Group Plc's shares surpassed their 200-day moving average during trading, reaching a high of GBX 57.40 ($0.77) before closing at GBX 54.50 ($0.73).
  • The company has a market capitalization of £525.84 million and reported a debt-to-equity ratio of 13.99, indicating its financial leverage status.
  • IP Group is recognized as the most active UK-based, early-stage science investor, supporting ventures in deeptech, life sciences, and cleantech.
  • Want stock alerts on IP Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

IP Group Plc (LON:IPO - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 46.41 ($0.61) and traded as high as GBX 57.40 ($0.76). IP Group shares last traded at GBX 54.50 ($0.72), with a volume of 17,418,154 shares trading hands.

IP Group Trading Down 1.3%

The firm has a fifty day moving average of GBX 51.07 and a 200 day moving average of GBX 46.58. The firm has a market capitalization of £526.80 million, a PE ratio of -2.48 and a beta of 1.36. The company has a debt-to-equity ratio of 13.99, a quick ratio of 8.59 and a current ratio of 9.28.

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.

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