IP Group (LON:IPO) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

IP Group Plc (LON:IPOGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 45.09 ($0.56) and traded as high as GBX 54.70 ($0.68). IP Group shares last traded at GBX 53.70 ($0.67), with a volume of 1,914,297 shares.

IP Group Stock Performance

The stock has a fifty day moving average price of GBX 47.70 and a 200 day moving average price of GBX 45.15. The company has a current ratio of 9.28, a quick ratio of 8.59 and a debt-to-equity ratio of 14.18. The firm has a market cap of £534.30 million, a price-to-earnings ratio of -244.09 and a beta of 1.36.

About IP Group

(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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