Alphawave IP Group plc (LON:AWE – Get Free Report)’s share price rose 24.1% during trading on Monday . The stock traded as high as GBX 187.90 ($2.54) and last traded at GBX 185.10 ($2.51). Approximately 185,355,906 shares changed hands during mid-day trading, an increase of 3,759% from the average daily volume of 4,803,153 shares. The stock had previously closed at GBX 149.20 ($2.02).
Alphawave IP Group Stock Up 24.4%
The company has a market capitalization of £1.73 billion, a price-to-earnings ratio of -21.58, a PEG ratio of 0.44 and a beta of 0.89. 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 business’s 50 day moving average is GBX 130.33 and its 200 day moving average is GBX 123.55.
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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