Jo Stent Purchases 53,571 Shares of Frontier IP Group Plc (LON:FIPP) Stock

Frontier IP Group Plc (LON:FIPP) insider Jo Stent bought 53,571 shares of the company’s stock in a transaction on Wednesday, April 2nd. The stock was purchased at an average cost of GBX 24 ($0.31) per share, with a total value of £12,857.04 ($16,621.90).

Frontier IP Group Price Performance

Shares of LON FIPP traded down GBX 0.90 ($0.01) during midday trading on Wednesday, hitting GBX 24.10 ($0.31). The company’s stock had a trading volume of 38,235 shares, compared to its average volume of 120,789. The firm has a market capitalization of £15.68 million, a price-to-earnings ratio of -11.32 and a beta of 0.32. The business’s fifty day simple moving average is GBX 23.57 and its two-hundred day simple moving average is GBX 27.35. Frontier IP Group Plc has a 1 year low of GBX 20 ($0.26) and a 1 year high of GBX 45 ($0.58).

Frontier IP Group (LON:FIPP) last issued its quarterly earnings results on Wednesday, March 26th. The company reported GBX (2.81) (($0.04)) EPS for the quarter. Frontier IP Group had a negative net margin of 314.53% and a negative return on equity of 2.49%.

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.