Shore Capital Group reaffirmed their house stock rating on shares of Frontier IP Group (LON:FIPP – Free Report) in a research report sent to investors on Tuesday,Digital Look reports.
Frontier IP Group Stock Performance
LON FIPP opened at GBX 11.40 on Tuesday. 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 has a twelve month low of GBX 10 and a twelve month high of GBX 22. The business has a 50-day moving average price of GBX 11.96 and a 200-day moving average price of GBX 13.75. The firm has a market cap of £12.84 million, a price-to-earnings ratio of -0.97 and a beta of 0.52.
About Frontier IP Group
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.
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