Frontier IP Group (LON:FIPP – Get Free Report)‘s stock had its “house stock” rating reaffirmed by analysts at Shore Capital Group in a note issued to investors on Tuesday, Digital Look reports.
Frontier IP Group Trading Down 1.1%
Shares of FIPP stock opened at GBX 10.63 on Tuesday. The firm has a market cap of £11.97 million, a P/E ratio of -0.90 and a beta of 0.52. Frontier IP Group has a 1-year low of GBX 10 and a 1-year high of GBX 22. The company has a debt-to-equity ratio of 31.75, a current ratio of 4.61 and a quick ratio of 23.03. The firm’s 50-day simple moving average is GBX 12.09 and its 200-day simple moving average is GBX 13.78.
About Frontier IP Group
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.
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