Alphawave IP Group (LON:AWE) Rating Reiterated by Barclays

Alphawave IP Group (LON:AWEGet Rating)‘s stock had its “overweight” rating reiterated by analysts at Barclays in a report released on Friday, MarketBeat.com reports. They presently have a GBX 500 ($6.25) price target on the stock. Barclays‘s target price would indicate a potential upside of 234.50% from the company’s current price.

Shares of LON:AWE opened at GBX 149.48 ($1.87) on Friday. The stock has a market capitalization of £997.44 million and a P/E ratio of 1,500.00. The stock’s 50-day moving average price is GBX 164.72 and its 200-day moving average price is GBX 182.42. The company has a current ratio of 27.37, a quick ratio of 27.37 and a debt-to-equity ratio of 1.29. Alphawave IP Group has a 12-month low of GBX 130.40 ($1.63) and a 12-month high of GBX 473.60 ($5.92).

Alphawave IP Group Company Profile (Get Rating)

Alphawave IP Group plc designs, develops, and sells digital signal processing (DSP)-based, multi-standard wired connectivity silicon IP solutions. It offers connectivity, integrated products, and chiplet Ips. It licenses its technology to semiconductor companies and electronic equipment manufacturers.

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