IP Group (LON:IPO) Releases Earnings Results

IP Group (LON:IPO) issued its earnings results on Tuesday. The company reported GBX (19.97) (($0.26)) EPS for the quarter, Digital Look Earnings reports. IP Group had a negative return on equity of 19.85% and a net margin of 106.78%.

IP Group Stock Down 4.4 %

Shares of LON IPO traded down GBX 1.95 ($0.03) during mid-day trading on Tuesday, reaching GBX 42.30 ($0.55). The company had a trading volume of 63,720,586 shares, compared to its average volume of 8,531,687. 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 has a twelve month low of GBX 35.65 ($0.46) and a twelve month high of GBX 56.20 ($0.73). The stock’s 50 day moving average is GBX 46.73 and its 200-day moving average is GBX 47.47. The stock has a market capitalization of £403.69 million, a PE ratio of -1.90 and a beta of 1.36.

About IP Group

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.