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Alphawave IP Group (LON:AWE) Stock Price Up 24.3% - Time to Buy?

Alphawave IP Group logo with Computer and Technology background

Shares of Alphawave IP Group plc (LON:AWE - Get Free Report) traded up 24.3% during trading on Monday . The stock traded as high as GBX 187.90 ($2.55) and last traded at GBX 185.50 ($2.51). 181,029,656 shares were traded during trading, an increase of 3,700% from the average session volume of 4,763,463 shares. The stock had previously closed at GBX 149.20 ($2.02).

Alphawave IP Group Trading Up 1.2%

The business has a fifty day moving average of GBX 133.69 and a 200-day moving average of GBX 124.60. 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 capitalization of £1.68 billion, a P/E ratio of -20.98, a PEG ratio of 0.44 and a beta of 0.89.

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.

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