IP Group (LON:IPO) Insider Acquires £30,600 in Stock

IP Group Plc (LON:IPO) insider Greg Smith purchased 45,000 shares of the stock in a transaction on Wednesday, August 5th. The shares were purchased at an average cost of GBX 68 per share, for a total transaction of £30,600.

IP Group Stock Performance

Shares of IPO remained flat at GBX 67.20 during mid-day trading on Wednesday. 520,219 shares of the company’s stock were exchanged, compared to its average volume of 7,743,792. The business’s 50 day moving average price is GBX 65.66 and its two-hundred day moving average price is GBX 60.62. The company has a debt-to-equity ratio of 12.28, a quick ratio of 8.59 and a current ratio of 0.16. The firm has a market capitalization of £593.66 million, a price-to-earnings ratio of 9.46 and a beta of 1.29. IP Group Plc has a fifty-two week low of GBX 48 and a fifty-two week high of GBX 72.

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. Our specialist investment team combines sector expertise with an international approach.