Frontier IP Group (LON:FIPP) Receives “House Stock” Rating from Shore Capital Group

Shore Capital Group reissued their house stock rating on shares of Frontier IP Group (LON:FIPP) in a research report released on Monday morning,Digital Look reports.

Frontier IP Group Stock Up 3.1%

FIPP opened at GBX 16.50 on Monday. The company has a market capitalization of £12.48 million, a PE ratio of -1.40 and a beta of 0.49. The firm has a 50-day simple moving average of GBX 16.42 and a two-hundred day simple moving average of GBX 14.67. The company has a quick ratio of 23.03, a current ratio of 4.61 and a debt-to-equity ratio of 31.75. Frontier IP Group has a 52 week low of GBX 10 and a 52 week high of GBX 26.

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.