IP Group (LON:IPO) Announces Earnings Results

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

IP Group Price Performance

IPO stock traded down GBX 1.95 ($0.03) during mid-day trading on Tuesday, hitting 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 50-day moving average price of GBX 46.73 and a 200 day moving average price of GBX 47.47. IP Group has a 12-month low of GBX 35.65 ($0.46) and a 12-month high of GBX 56.20 ($0.73). The company has a market capitalization of £403.69 million, a price-to-earnings ratio of -1.90 and a beta of 1.36. The company has a quick ratio of 8.59, a current ratio of 9.28 and a debt-to-equity ratio of 13.99.

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.