Alphawave IP Group (LON:AWE) Reaches New 1-Year High - Here's What Happened

Key Points

• Alphawave IP Group plc reached a new 52-week high of GBX 192.70 ($2.60) on Tuesday, with a last traded price of GBX 190.50 ($2.57) and a total trading volume of approximately 1.93 million shares.
• The company's market capitalization stands at £1.50 billion, and it has reported a P/E ratio of -3,323.53, indicating a significant contrast in its valuation metrics.
• Alphawave IP specializes in high-speed connectivity technologies critical for data centers, networking, AI, and more, addressing the increasing demand for faster and more reliable data transfer.

Alphawave IP Group plc (LON:AWE - )'s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 192.70 ($2.60) and last traded at GBX 190.50 ($2.57), with a volume of 1926534 shares changing hands. The stock had previously closed at GBX 191.35 ($2.59).

Alphawave IP Group Stock Up 0.8%

The firm has a market capitalization of £1.50 billion, a P/E ratio of -3,323.53, a PEG ratio of 0.44 and a beta of 0.89. 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 business's fifty day moving average price is GBX 178.46 and its two-hundred day moving average price is GBX 152.71.

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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