Shares of Alphawave IP Group plc (LON:AWE - Get Free Report) shot up 25.5% on Monday . The company traded as high as GBX 187.90 ($2.55) and last traded at GBX 187.20 ($2.54). 179,272,875 shares were traded during trading, an increase of 3,676% from the average session volume of 4,747,345 shares. The stock had previously closed at GBX 149.20 ($2.02).
Alphawave IP Group Trading Up 0.6%
The company's fifty day moving average is GBX 133.69 and its two-hundred day moving average is GBX 124.60. 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 stock has a market cap of £1.69 billion, a price-to-earnings ratio of -21.09, a PEG ratio of 0.44 and a beta of 0.89.
About Alphawave IP Group
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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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