Alphawave IP Group (LON:AWE) Trading 43.2% Higher – Here’s Why

Alphawave IP Group plc (LON:AWEGet Free Report) traded up 43.2% during mid-day trading on Tuesday . The stock traded as high as GBX 143 ($1.85) and last traded at GBX 133.89 ($1.73). 25,336,668 shares were traded during trading, an increase of 568% from the average session volume of 3,791,993 shares. The stock had previously closed at GBX 93.50 ($1.21).

Alphawave IP Group Trading Up 43.2 %

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 company has a market cap of £1.25 billion, a P/E ratio of -15.57, a P/E/G ratio of 0.44 and a beta of 0.89. The business has a fifty day simple moving average of GBX 126.48 and a 200 day simple moving average of GBX 117.53.

About Alphawave IP Group

(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.

See Also

Receive News & Ratings for Alphawave IP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphawave IP Group and related companies with MarketBeat.com's FREE daily email newsletter.