Frontier IP Group Plc (LON:FIPP) Insider Jacqueline McKay Sells 61,224 Shares

Frontier IP Group Plc (LON:FIPP) insider Jacqueline McKay sold 61,224 shares of Frontier IP Group stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of GBX 2,450 ($31.68), for a total transaction of £1,499,988 ($1,939,472.46).

Frontier IP Group Price Performance

FIPP traded down GBX 1.40 ($0.02) during mid-day trading on Monday, hitting GBX 25 ($0.32). The stock had a trading volume of 310,476 shares, compared to its average volume of 126,063. The stock’s fifty day simple moving average is GBX 23.64 and its 200-day simple moving average is GBX 27.51. The firm has a market capitalization of £16.26 million, a price-to-earnings ratio of -11.74 and a beta of 0.32. Frontier IP Group Plc has a 1-year low of GBX 20 ($0.26) and a 1-year high of GBX 45 ($0.58).

Frontier IP Group (LON:FIPP) last issued its quarterly earnings data on Wednesday, March 26th. The company reported GBX (2.81) (($0.04)) EPS for the quarter. Frontier IP Group had a negative return on equity of 2.49% and a negative net margin of 314.53%.

About Frontier IP Group

Frontier IP Group builds value by uniting science, industry and finance to commercialise university intellectual property.

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.