Greg Smith Buys 45,000 Shares of IP Group (LON:IPO) Stock

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

IP Group Price Performance

LON:IPO remained flat at GBX 67.20 during mid-day trading on Wednesday. The company’s stock had a trading volume of 520,219 shares, compared to its average volume of 7,743,792. The company has a 50 day moving average of GBX 65.66 and a two-hundred day moving average of GBX 60.62. IP Group Plc has a twelve month low of GBX 48 and a twelve month high of GBX 72. 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 company has a market cap of £593.66 million, a price-to-earnings ratio of 9.46 and a beta of 1.29.

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.