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Alphawave IP Group (LON:AWE) Trading Up 20.7% - What's Next?

Alphawave IP Group logo with Computer and Technology background

Alphawave IP Group plc (LON:AWE - Get Free Report)'s stock price rose 20.7% during mid-day trading on Monday . The stock traded as high as GBX 187.90 ($2.54) and last traded at GBX 180.05 ($2.43). Approximately 45,451,918 shares changed hands during trading, an increase of 1,191% from the average daily volume of 3,519,630 shares. The stock had previously closed at GBX 149.20 ($2.01).

Alphawave IP Group Price Performance

The company has a current ratio of 0.62, a quick ratio of 15.51 and a debt-to-equity ratio of 53.89. The business's 50-day simple moving average is GBX 132.01 and its two-hundred day simple moving average is GBX 124.21. The firm has a market cap of £1.68 billion, a price-to-earnings ratio of -20.98, a P/E/G 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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