Alphawave IP Group plc (LON:AWE – Get Free Report)’s stock price was up 14.7% during trading on Tuesday . The stock traded as high as GBX 117.90 ($1.52) and last traded at GBX 107.20 ($1.39). Approximately 13,316,545 shares traded hands during 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 Up 14.7 %
The company has a debt-to-equity ratio of 53.89, a quick ratio of 15.51 and a current ratio of 0.62. The stock’s fifty day simple moving average is GBX 126.67 and its two-hundred day simple moving average is GBX 117.49. The stock has a market capitalization of £999.90 million, a P/E ratio of -12.47, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89.
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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