Alphawave IP Group plc (LON:AWE - Get Free Report)'s stock price dropped 9.1% during trading on Wednesday . The stock traded as low as GBX 112.12 ($1.41) and last traded at GBX 116 ($1.46). Approximately 3,094,472 shares traded hands during mid-day trading, an increase of 77% from the average daily volume of 1,744,209 shares. The stock had previously closed at GBX 127.60 ($1.60).
Alphawave IP Group Stock Performance
The company has a market capitalization of £842.87 million, a price-to-earnings ratio of -2,900.00, a PEG ratio of 0.44 and a beta of 0.84. The company has a debt-to-equity ratio of 49.32, a current ratio of 0.88 and a quick ratio of 15.51. The stock has a 50 day simple moving average of GBX 160.51 and a two-hundred day simple moving average of GBX 133.20.
Insider Activity
In related news, insider Michelle Senecal de Fonseca acquired 25,284 shares of the business's stock in a transaction on Friday, February 16th. The shares were bought at an average price of GBX 153 ($1.92) per share, with a total value of £38,684.52 ($48,592.54). Company insiders own 41.56% of the company's stock.
Alphawave IP Group Company Profile
(
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Alphawave IP Group plc designs, develops, and sells connectivity solutions. The company offers connectivity, integrated products, and chiplet IP products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, and solid-state storage end markets in North America, the Asia Pacific, Europe, and the United Kingdom.
See Also
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