IP Group (IPO)

Sector:

Financials

Index:

FTSE 250

54.20p
   
  • Change Today:
    -0.20p
  • 52 Week High: 61.40p
  • 52 Week Low: 43.55p
  • Currency: UK Pounds
  • Shares Issued: 1,029.46m
  • Volume: 2,950,797
  • Market Cap: £557.97m
  • RiskGrade: 192

IP Group receives £13.1m from sale of Tracsis

By Michele Maatouk

Date: Thursday 10 Mar 2016

LONDON (ShareCast) - (ShareCast News) - IP Group has received net cash proceeds of £13.1m from the sale of its entire holding in portfolio company Tracsis.
The FTSE 250 group, which develops intellectual property-based businesses, said total proceeds to date, including dividends, came to £14.3m.

This represents an internal rate of return of around 58% and a multiple of approximately 38 times the group's investment of £400,000.

At 1504 GMT, IP shares were up 1% to 170.20p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IP Group Market Data

Currency UK Pounds
Share Price 54.20p
Change Today -0.20p
% Change -0.37 %
52 Week High 61.40p
52 Week Low 43.55p
Volume 2,950,797
Shares Issued 1,029.46m
Market Cap £557.97m
RiskGrade 192

IP Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.32% above the market average68.32% above the market average68.32% above the market average68.32% above the market average68.32% above the market average
53.70% above the sector average53.70% above the sector average53.70% above the sector average53.70% above the sector average53.70% above the sector average
Price Trend
23.85% below the market average23.85% below the market average23.85% below the market average23.85% below the market average23.85% below the market average
25.86% below the sector average25.86% below the sector average25.86% below the sector average25.86% below the sector average25.86% below the sector average
Income
98.24% below the market average98.24% below the market average98.24% below the market average98.24% below the market average98.24% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
23.61% below the market average23.61% below the market average23.61% below the market average23.61% below the market average23.61% below the market average
15.6% below the sector average15.6% below the sector average15.6% below the sector average15.6% below the sector average15.6% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IP Group Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Aug-23 25-May-23
Paid 04-Sep-23 22-Jun-23
Amount 0.51p 0.76p

Trades for 31-May-2024

Time Volume / Share Price
16:46 36,084 @ 54.20p
16:41 199,047 @ 54.20p
16:37 200,000 @ 54.20p
16:35 1,845,526 @ 54.20p
16:35 11,764 @ 54.20p

IP Group Key Personnel

CEO Greg Smith

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