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Alphawave IP Group (LON:AWE) Shares Up 1.4% - Should You Buy?

Alphawave IP Group logo with Computer and Technology background

Alphawave IP Group plc (LON:AWE - Get Free Report) rose 1.4% on Wednesday . The company traded as high as GBX 145.60 ($1.97) and last traded at GBX 145 ($1.96). Approximately 512,748 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 3,160,277 shares. The stock had previously closed at GBX 143 ($1.93).

Alphawave IP Group Stock Performance

The stock has a market cap of £1.37 billion, a P/E ratio of -17.05, 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 business has a 50 day moving average price of GBX 124.37 and a two-hundred day moving average price of GBX 122.34.

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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