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 reiterated by equities research analysts at Shore Capital Group in a note issued to investors on Wednesday,Digital Look reports.

Frontier IP Group Stock Down 26.8%

Shares of LON FIPP opened at GBX 12.45 on Wednesday. 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 company has a market cap of £9.42 million, a P/E ratio of -1.05 and a beta of 0.51. Frontier IP Group has a 1 year low of GBX 10 and a 1 year high of GBX 26. The firm has a 50-day simple moving average of GBX 16.69 and a two-hundred day simple moving average of GBX 14.99.

Frontier IP Group (LON:FIPP) last announced its quarterly earnings data on Monday, March 30th. The company reported GBX (4.54) earnings per share (EPS) for the quarter. Frontier IP Group had a negative return on equity of 19.23% and a negative net margin of 2,477.36%.The firm had revenue of GBX 13 million during the quarter.

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.