Draper Esprit (LON:GROW) Posts Earnings Results

Draper Esprit (LON:GROW) released its quarterly earnings results on Tuesday. The company reported GBX 49 ($0.64) earnings per share for the quarter, Digital Look Earnings reports.

Shares of GROW traded down GBX 2 ($0.03) during mid-day trading on Thursday, reaching GBX 478 ($6.25). 1,124,144 shares of the company’s stock traded hands, compared to its average volume of 5,036. The business’s 50-day moving average price is GBX 465.08 and its 200-day moving average price is GBX 481.93. The stock has a market capitalization of $387.32 million and a P/E ratio of 4.35. Draper Esprit has a 12 month low of GBX 405 ($5.29) and a 12 month high of GBX 625 ($8.17).

A number of equities research analysts have recently weighed in on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 630 ($8.23) price target on shares of Draper Esprit in a report on Friday, November 22nd. Peel Hunt reaffirmed a “buy” rating and set a GBX 630 ($8.23) price target on shares of Draper Esprit in a report on Friday, November 22nd.

Draper Esprit Company Profile

Draper Esprit plc, formerly known as Ingleby (1994) plc, is a private equity and venture capital firm specializing in any stage in the lifecycle of a business from seed and series A stage, growth capital to pre-IPO investments, late stage, cross-stage investments, buyouts, PIPES, and also makes direct and secondary investments in portfolio companies.

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