Alphawave IP Group (LON:AWE) Shares Up 1% – Here’s Why

Shares of Alphawave IP Group plc (LON:AWEGet Free Report) traded up 1% on Wednesday . The company traded as high as GBX 95.10 ($1.24) and last traded at GBX 94.90 ($1.24). 854,703 shares were traded during trading, a decline of 50% from the average session volume of 1,693,030 shares. The stock had previously closed at GBX 94 ($1.23).

Alphawave IP Group Stock Up 1.0 %

The firm’s 50-day moving average price is GBX 125.81 and its two-hundred day moving average price is GBX 135.12. 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 firm has a market cap of £702.82 million, a PE ratio of -1,054.44, a P/E/G ratio of 0.44 and a beta of 0.89.

About Alphawave IP Group

(Get Free Report)

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.

Further Reading

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.