IP Group Plc (LON:IPO - Get Free Report) shares fell 6.2% on Wednesday . 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 mid-day trading, a decline of 43% from the average session volume of 5,094,256 shares. The stock had previously closed at GBX 61.10 ($0.83).
IP Group Stock Up 1.0%
The company has a quick ratio of 8.59, a current ratio of 9.28 and a debt-to-equity ratio of 13.99. The company has a market capitalization of £536.27 million, a P/E ratio of -294.94 and a beta of 1.36. The firm has a 50-day moving average price of GBX 57.23 and a two-hundred day moving average price of GBX 48.01.
IP Group Company Profile
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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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