Alphawave IP Group plc (LON:AWE – Get Free Report)’s share price shot up 4.2% on Wednesday . The company traded as high as GBX 118.70 ($1.58) and last traded at GBX 115.30 ($1.53). 804,456 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 3,551,257 shares. The stock had previously closed at GBX 110.70 ($1.47).
Alphawave IP Group Price Performance
The stock has a fifty day moving average of GBX 119.03 and a two-hundred day moving average of GBX 118.09. The stock has a market cap of £1.08 billion, a price-to-earnings ratio of -13.41, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89. The company has a quick ratio of 15.51, a current ratio of 0.62 and a debt-to-equity ratio of 53.89.
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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