Alphawave IP Group (LON:AWE) Trading Up 43.6% – Here’s What Happened

by · The Cerbat Gem

Alphawave IP Group plc (LON:AWE – Get Free Report) shares were up 43.6% during trading on Tuesday . The company traded as high as GBX 143 ($1.86) and last traded at GBX 134.30 ($1.74). Approximately 34,876,281 shares were traded during mid-day trading, an increase of 785% from the average daily volume of 3,941,050 shares. The stock had previously closed at GBX 93.50 ($1.21).

Alphawave IP Group Trading Up 2.8 %

The firm has a market capitalization of £1.32 billion, a P/E ratio of -16.47, a PEG ratio of 0.44 and a beta of 0.89. The business has a 50 day moving average of GBX 126.31 and a 200-day moving average of GBX 117.58. The company has a current ratio of 0.62, a quick ratio of 15.51 and a debt-to-equity ratio of 53.89.

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.

Recommended Stories