Alphawave IP Group (LON:AWE) Sets New 1-Year High – Time to Buy?

Alphawave IP Group plc (LON:AWEGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 182.30 ($2.47) and last traded at GBX 180.90 ($2.45), with a volume of 163837781 shares changing hands. The stock had previously closed at GBX 149.20 ($2.02).

Alphawave IP Group Stock Up 25.8%

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 business’s 50-day moving average is GBX 130.33 and its two-hundred day moving average is GBX 123.55. The stock has a market capitalization of £1.75 billion, a price-to-earnings ratio of -21.83, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89.

Alphawave IP Group Company Profile

(Get Free Report)

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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