Alphawave IP Group plc (LON:AWE – Get Free Report)’s stock price shot up 23.7% during trading on Monday . The company traded as high as GBX 187.90 ($2.54) and last traded at GBX 184.50 ($2.49). 187,074,516 shares traded hands during mid-day trading, an increase of 3,782% from the average session volume of 4,818,920 shares. The stock had previously closed at GBX 149.20 ($2.01).
Alphawave IP Group Stock Performance
The company has a market cap of £1.69 billion, a P/E ratio of -21.07, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89. The company has a quick ratio of 15.51, a current ratio of 0.62 and a debt-to-equity ratio of 53.89. The stock’s 50-day moving average price is GBX 132.01 and its 200 day moving average price is GBX 124.21.
Alphawave IP Group Company Profile
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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