Alphawave IP Group plc (LON:AWE - Get Free Report)'s share price was down 7.8% during mid-day trading on Monday . The company traded as low as GBX 135.40 ($1.68) and last traded at GBX 140.20 ($1.74). 7,155,522 shares changed hands during trading, an increase of 41% from the average session volume of 5,069,757 shares. The stock had previously closed at GBX 152 ($1.88).
Alphawave IP Group Stock Performance
The company has a market cap of £1.06 billion, a P/E ratio of -1,591.11, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89. 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's 50-day moving average price is GBX 117.19 and its 200 day moving average price is GBX 123.44.
Insider Activity
In other news, insider John Lofton Holt acquired 415,416 shares of the stock in a transaction dated Monday, December 2nd. The shares were acquired at an average cost of GBX 23 ($0.29) per share, for a total transaction of £95,545.68 ($118,469.54). 43.96% of the stock is currently owned by company insiders.
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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