Jacqueline McKay Sells 61,224 Shares of Frontier IP Group Plc (LON:FIPP) Stock

Frontier IP Group Plc (LON:FIPP) insider Jacqueline McKay sold 61,224 shares of the business’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of GBX 2,450 ($31.67), for a total transaction of £1,499,988 ($1,939,221.72).

Frontier IP Group Price Performance

Shares of FIPP stock opened at GBX 25.70 ($0.33) on Wednesday. The business has a fifty day moving average of GBX 23.57 and a 200 day moving average of GBX 27.35. The firm has a market capitalization of £16.72 million, a price-to-earnings ratio of -12.07 and a beta of 0.32. 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 released its quarterly earnings data on Wednesday, March 26th. The company reported GBX (2.81) (($0.04)) earnings per share for the quarter. Frontier IP Group had a negative return on equity of 2.49% and a negative net margin of 314.53%.

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.