Frontier IP Group (LON:FIPP) Earns House Stock Rating from Shore Capital Group

Frontier IP Group (LON:FIPP)‘s stock had its “house stock” rating reissued by Shore Capital Group in a report issued on Monday,Digital Look reports.

Frontier IP Group Price Performance

Shares of FIPP opened at GBX 14.50 on Monday. The company has a current ratio of 4.61, a quick ratio of 23.03 and a debt-to-equity ratio of 31.75. The stock has a market capitalization of £10.97 million, a PE ratio of -1.23 and a beta of 0.49. The firm’s 50 day moving average is GBX 16.41 and its 200-day moving average is GBX 14.67. Frontier IP Group has a 12 month low of GBX 10 and a 12 month high of GBX 26.

Frontier IP Group (LON:FIPP) last issued its quarterly earnings results on Monday, March 30th. The company reported GBX (4.54) earnings per share for the quarter. The firm 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.