Alphawave IP Group plc (LON:AWE – Get Free Report) shares rose 7.1% during mid-day trading on Wednesday . The company traded as high as GBX 115.40 ($1.55) and last traded at GBX 115.40 ($1.55). Approximately 3,492,421 shares changed hands during mid-day trading, an increase of 101% from the average daily volume of 1,740,967 shares. The stock had previously closed at GBX 107.80 ($1.44).
Alphawave IP Group Stock Performance
The business has a fifty day simple moving average of GBX 138.99 and a 200-day simple moving average of GBX 142.67. The company has a quick ratio of 15.51, a current ratio of 2.20 and a debt-to-equity ratio of 50.60. The firm has a market cap of £838.89 million, a P/E ratio of -1,923.33, a P/E/G ratio of 0.44 and a beta of 0.91.
About Alphawave IP Group
Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.
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