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

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

IP Group Stock Performance

Shares of IPO stock opened at GBX 70.11 on Friday. The company has a debt-to-equity ratio of 12.28, a current ratio of 0.16 and a quick ratio of 8.59. The stock has a market cap of £619.42 million, a PE ratio of 9.88 and a beta of 1.27. The stock has a 50-day moving average of GBX 65.72 and a 200-day moving average of GBX 60.85. IP Group Plc has a one year low of GBX 48 and a one year high of GBX 73.70.

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.