IP Group (LON:IPO) Insider Purchases £132,000 in Stock

IP Group Plc (LON:IPO) insider Michael Queen purchased 200,000 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was bought at an average price of GBX 66 per share, with a total value of £132,000.

IP Group Trading Up 1.0%

IPO opened at GBX 70.11 on Friday. The firm’s 50 day moving average is GBX 65.72 and its 200-day moving average is GBX 60.85. IP Group Plc has a 52-week low of GBX 48 and a 52-week high of GBX 73.70. The company has a quick ratio of 8.59, a current ratio of 0.16 and a debt-to-equity ratio of 12.28. The firm has a market capitalization of £619.42 million, a P/E ratio of 9.88 and a beta of 1.27.

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