IP Group (LON:IPO) Posts Quarterly Earnings Results

IP Group (LON:IPO) announced its quarterly earnings results 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 Trading Down 4.4 %

Shares of LON:IPO traded down GBX 1.95 ($0.03) during 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 stock has a market cap of £403.69 million, a price-to-earnings ratio of -1.90 and a beta of 1.36. The company has a debt-to-equity ratio of 13.99, a current ratio of 9.28 and a quick ratio of 8.59. The company has a fifty day simple moving average of GBX 46.73 and a two-hundred day simple moving average of GBX 47.47. IP Group has a one year low of GBX 35.65 ($0.46) and a one year high of GBX 56.20 ($0.73).

IP Group Company Profile

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.