Frontier IP Group (LON:FIPP – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX (2.81) (($0.04)) earnings per share for the quarter, Digital Look Earnings reports. Frontier IP Group had a negative return on equity of 2.49% and a negative net margin of 314.53%.
Frontier IP Group Stock Performance
FIPP traded down GBX 1.53 ($0.02) on Wednesday, hitting GBX 23.47 ($0.30). 163,603 shares of the company were exchanged, compared to its average volume of 112,493. The business’s fifty day moving average is GBX 23.69 and its 200 day moving average is GBX 27.83. Frontier IP Group has a fifty-two week low of GBX 20 ($0.26) and a fifty-two week high of GBX 45 ($0.58). The firm has a market capitalization of £15.27 million, a P/E ratio of -11.02 and a beta of 0.32.
Frontier IP Group Company Profile
Our strategy is based on proving the commercial worth of IP developed by our portfolio companies before raising significant sums of money to support their further growth. We earn equity stakes in return for providing a range of hands-on commercialisation services.
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