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Alphawave IP Group (LON:AWE) Trading 23.3% Higher - What's Next?

Alphawave IP Group logo with Computer and Technology background

Alphawave IP Group plc (LON:AWE - Get Free Report)'s stock price traded up 23.3% on Monday . The stock traded as high as GBX 187.90 ($2.54) and last traded at GBX 184 ($2.49). 175,059,688 shares were traded during trading, an increase of 3,618% from the average session volume of 4,708,692 shares. The stock had previously closed at GBX 149.20 ($2.02).

Alphawave IP Group Stock Performance

The company has a market cap of £1.72 billion, a PE ratio of -21.38, a P/E/G ratio of 0.44 and a beta of 0.89. 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 firm's 50-day simple moving average is GBX 130.33 and its two-hundred day simple moving average is 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.

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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.

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