IP Group (LON:IPO) Sets New 1-Year Low at $39.80

IP Group Plc (LON:IPOGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 39.80 ($0.51) and last traded at GBX 40.22 ($0.52), with a volume of 3226880 shares. The stock had previously closed at GBX 40.55 ($0.52).

IP Group Trading Down 0.8 %

The company has a debt-to-equity ratio of 13.14, a current ratio of 10.11 and a quick ratio of 8.59. The firm has a market capitalization of £414.27 million, a PE ratio of -238.53 and a beta of 1.37. The business’s 50-day moving average price is GBX 46.78 and its 200-day moving average price is GBX 48.73.

IP Group Company Profile

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IP Group Plc is a private equity and venture capital firm specializing in seed/startup, early venture, emerging growth, mature, mid venture, late venture, incubation, mezzanine in growth capital companies. It prefers to invest in energy, materials, healthcare, information technology, communication services, utilities, life sciences, deeptech, cleantech, chemicals, science and innovation companies.

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