IP Group (LON:IPO) Shares Cross Above 200 Day Moving Average – What’s Next?

IP Group Plc (LON:IPOGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 45.80 ($0.59) and traded as high as GBX 48.85 ($0.63). IP Group shares last traded at GBX 47.50 ($0.62), with a volume of 1,343,196 shares.

IP Group Stock Performance

The company has a debt-to-equity ratio of 14.18, a current ratio of 9.28 and a quick ratio of 8.59. The company’s fifty day simple moving average is GBX 46.51 and its two-hundred day simple moving average is GBX 45.80. The stock has a market cap of £455.70 million, a price-to-earnings ratio of -208.18 and a beta of 1.36.

IP Group Company Profile

(Get Free Report)

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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