Frontier IP Group (LON:FIPP) Shares Pass Above 50 Day Moving Average – What’s Next?

Frontier IP Group Plc (LON:FIPP) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 15.80 and traded as high as GBX 17.10. Frontier IP Group shares last traded at GBX 16, with a volume of 65,390 shares traded.

Frontier IP Group Stock Performance

The stock has a 50 day simple moving average of GBX 15.80 and a 200 day simple moving average of GBX 15.14. The company has a market cap of £12.10 million, a price-to-earnings ratio of -1.35 and a beta of 0.51. 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 (LON:FIPP) last issued its quarterly earnings data on Monday, March 30th. The company reported GBX (4.54) EPS for the quarter. The company had revenue of GBX 13 million for the quarter. Frontier IP Group had a negative return on equity of 19.23% and a negative net margin of 2,477.36%.

Frontier IP Group Company Profile

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.

Our portfolio companies’ IP is based on research from universities in the UK and Portugal, including Cambridge, Plymouth, Heriot-Watt, the University of Central Lancashire, NOVA University, Lisbon FCT NOVA, and INESC TEC.