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 changed hands during mid-day 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 Stock 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 cap of £1.32 billion, a P/E ratio of -16.50, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89. The firm’s 50-day moving average is GBX 126.31 and its two-hundred day moving average is GBX 117.58.
About Alphawave IP Group
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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