Alphawave IP Group plc (OTCMKTS:AWEVF – Get Free Report)’s share price dropped 12.7% on Tuesday . The stock traded as low as $2.3125 and last traded at $2.3125. Approximately 1,000 shares traded hands during trading, a decline of 99% from the average daily volume of 84,454 shares. The stock had previously closed at $2.65.
Alphawave IP Group Stock Down 12.7%
The company has a 50 day moving average price of $2.51 and a 200-day moving average price of $2.43.
Alphawave IP Group Company Profile
Alphawave IP Group is a global semiconductor intellectual property (IP) provider specializing in high-speed connectivity solutions for the data center, cloud computing, artificial intelligence and telecommunications markets. The company develops and licenses digital and mixed-signal IP cores, including serial transceivers (SerDes), memory interfaces and high-performance physical layer solutions, enabling chipmakers to integrate advanced connectivity features into custom and standard semiconductor designs.
The company’s product portfolio encompasses multi-protocol SerDes IP supporting data rates from 3.2 Gbps to over 112 Gbps per lane, as well as DSP-enhanced physical layer IP that addresses signal integrity challenges across various process nodes.
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