Alphawave IP Group plc (LON:AWE - Get Free Report) shares traded up 0.4% during trading on Wednesday . The stock traded as high as GBX 86.70 ($1.07) and last traded at GBX 84.30 ($1.04). 1,800,423 shares traded hands during trading, an increase of 7% from the average session volume of 1,690,027 shares. The stock had previously closed at GBX 84 ($1.04).
Alphawave IP Group Price Performance
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's 50 day simple moving average is GBX 114.10 and its 200-day simple moving average is GBX 126.48. The firm has a market cap of £678.38 million, a price-to-earnings ratio of -1,017.78, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89.
Insider Buying and Selling
In other news, insider John Lofton Holt acquired 415,416 shares of the business's stock in a transaction on Monday, December 2nd. The stock was bought at an average price of GBX 23 ($0.28) per share, with a total value of £95,545.68 ($118,264.24). 43.96% of the stock is currently owned by corporate insiders.
Alphawave IP Group Company Profile
(
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Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.
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