Insider Buying: IP Group (LON:IPO) Insider Acquires £17,930.24 in Stock

IP Group Plc (LON:IPO) insider David Baynes purchased 26,368 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was purchased at an average price of GBX 68 per share, with a total value of £17,930.24.

IP Group Stock Performance

Shares of LON IPO opened at GBX 70.11 on Friday. The stock has a market cap of £619.42 million, a PE ratio of 9.88 and a beta of 1.27. IP Group Plc has a 1 year low of GBX 48 and a 1 year high of GBX 73.70. The firm has a fifty day moving average price of GBX 65.72 and a 200-day moving average price of GBX 60.85. The company has a debt-to-equity ratio of 12.28, a current ratio of 0.16 and a quick ratio of 8.59.

IP Group Company Profile

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.