Alphawave IP Group plc (LON:AWE - Get Free Report) shares shot up 20.7% during mid-day trading on Monday . The stock traded as high as GBX 187.90 ($2.55) and last traded at GBX 180.05 ($2.44). 50,946,406 shares changed hands during mid-day trading, an increase of 1,327% from the average session volume of 3,570,038 shares. The stock had previously closed at GBX 149.20 ($2.02).
Alphawave IP Group Trading Up 20.7%
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 stock has a market capitalization of £1.68 billion, a price-to-earnings ratio of -20.94, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89. The business has a fifty day simple moving average of GBX 130.33 and a 200 day simple moving average of GBX 123.55.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Alphawave IP Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphawave IP Group wasn't on the list.
While Alphawave IP Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
