IP Group (LON:IPO) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

IP Group Plc (LON:IPOGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 45.75 ($0.60) and traded as high as GBX 50.30 ($0.66). IP Group shares last traded at GBX 49.65 ($0.65), with a volume of 1,508,116 shares traded.

IP Group Trading Down 0.7 %

The stock has a market capitalization of £494.46 million, a PE ratio of -225.68 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 14.18. The business’s 50-day moving average is GBX 43.92 and its two-hundred day moving average is GBX 45.75.

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.

Further Reading

Receive News & Ratings for IP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IP Group and related companies with MarketBeat.com's FREE daily email newsletter.