Shares of Alphawave IP Group plc (LON:AWE – Get Free Report) rose 14.7% during trading on Tuesday . The stock traded as high as GBX 117.90 ($1.53) and last traded at GBX 107.20 ($1.39). Approximately 13,316,545 shares were traded during trading, an increase of 269% from the average daily volume of 3,604,178 shares. The stock had previously closed at GBX 93.50 ($1.21).
Alphawave IP Group Price Performance
The company has a quick ratio of 15.51, a current ratio of 0.62 and a debt-to-equity ratio of 53.89. The stock has a market capitalization of £1.32 billion, a PE ratio of -16.50, a P/E/G ratio of 0.44 and a beta of 0.89. The stock’s 50-day moving average is GBX 126.31 and its 200 day moving average is GBX 117.58.
Alphawave IP Group Company Profile
Faced with the exponential growth of data, Alphawave IP’s technology services a critical need: enabling data to travel faster, more reliably and with higher performance at lower power. Alphawave IP is a global leader in high-speed connectivity for the world’s technology infrastructure. Our IP solutions therefore meet the needs of global tier-one customers in data centers, compute, networking, AI, 5G, autonomous vehicles, and storage.
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