Shares of Alphawave IP Group plc (LON:AWE – Get Free Report) traded up 43.2% during trading on Wednesday . The stock traded as high as GBX 143 ($1.87) and last traded at GBX 133.89 ($1.75). 25,336,668 shares traded hands during mid-day trading, an increase of 568% from the average session volume of 3,791,993 shares. The stock had previously closed at GBX 93.50 ($1.23).
Alphawave IP Group Stock Up 0.7 %
The firm’s 50-day moving average price is GBX 126.02 and its 200 day moving average price is GBX 117.62. 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 has a market capitalization of £1.25 billion, a price-to-earnings ratio of -15.62, a PEG 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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