Frontier IP Group (LON:FIPP) Shares Up 13.8% – Should You Buy?

Frontier IP Group Plc (LON:FIPPGet Free Report) shares shot up 13.8% on Monday . The company traded as high as GBX 16.50 and last traded at GBX 16.50. Approximately 1,406,280 shares were traded during mid-day trading, an increase of 395% from the average daily volume of 283,913 shares. The stock had previously closed at GBX 14.50.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Frontier IP Group in a research report on Monday.

Read Our Latest Report on Frontier IP Group

Frontier IP Group Trading Up 13.8%

The firm has a market capitalization of £12.48 million, a price-to-earnings ratio of -1.40 and a beta of 0.49. The firm’s 50 day moving average is GBX 16.41 and its 200 day moving average is GBX 14.67. The company has a quick ratio of 23.03, a current ratio of 4.61 and a debt-to-equity ratio of 31.75.

Frontier IP Group (LON:FIPPGet Free Report) last issued its earnings results on Monday, March 30th. The company reported GBX (4.54) earnings per share for the quarter. The business had revenue of GBX 13 million for the quarter. Frontier IP Group had a negative return on equity of 19.23% and a negative net margin of 2,477.36%.

Frontier IP Group Company Profile

(Get Free Report)

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.

The spin outs we work with include those at the cutting edge of developing new vaccines and antibiotics, agricultural robotics, sustainable materials and improving the energy efficiency of solar cells and power converters.

Our portfolio companies’ IP is based on research from universities in the UK and Portugal, including Cambridge, Plymouth, Heriot-Watt, the University of Central Lancashire, NOVA University, Lisbon FCT NOVA, and INESC TEC.

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