Frontier IP Group (LON:FIPP) Announces Earnings Results

Frontier IP Group (LON:FIPP) announced its quarterly earnings results on Wednesday. The company reported GBX (2.81) (($0.04)) earnings per share for the quarter, Digital Look Earnings reports. Frontier IP Group had a negative return on equity of 2.49% and a negative net margin of 314.53%.

Frontier IP Group Stock Up 3.7 %

Shares of LON FIPP traded up GBX 0.92 ($0.01) during mid-day trading on Friday, reaching GBX 25.42 ($0.33). 387,563 shares of the company were exchanged, compared to its average volume of 126,476. Frontier IP Group has a twelve month low of GBX 20 ($0.26) and a twelve month high of GBX 45 ($0.58). The stock has a market capitalization of £16.53 million, a P/E ratio of -11.93 and a beta of 0.32. The company’s 50-day simple moving average is GBX 23.66 and its 200-day simple moving average is GBX 27.77.

Frontier IP Group Company Profile

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.