Alphawave IP Group plc (LON:AWE – Get Free Report)’s share price rose 2.2% during mid-day trading on Tuesday . The stock traded as high as GBX 105.80 ($1.37) and last traded at GBX 103.60 ($1.34). Approximately 62,216,793 shares changed hands during trading, an increase of 1,090% from the average daily volume of 5,227,303 shares. The stock had previously closed at GBX 101.40 ($1.31).
Alphawave IP Group Trading Up 2.2 %
The company has a fifty day moving average price of GBX 127.53 and a 200-day moving average price of GBX 120.67. The firm has a market capitalization of £966.32 million, a price-to-earnings ratio of -12.05, 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.
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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