Alphawave IP Group (LON:AWE) Trading Down 3.1% – Time to Sell?

Alphawave IP Group plc (LON:AWEGet Free Report)’s share price fell 3.1% during trading on Tuesday . The stock traded as low as GBX 122.20 ($1.57) and last traded at GBX 124.80 ($1.61). 1,911,458 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 1,716,480 shares. The stock had previously closed at GBX 128.80 ($1.66).

Alphawave IP Group Stock Down 3.1 %

The stock has a market capitalization of £924.26 million, a PE ratio of -1,386.67, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89. The company has a current ratio of 0.62, a quick ratio of 15.51 and a debt-to-equity ratio of 53.89. The company’s 50-day moving average is GBX 114.97 and its 200 day moving average is GBX 130.69.

Alphawave IP Group Company Profile

(Get Free Report)

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.

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