Shares of Alphawave IP Group plc (LON:AWE - Get Free Report) shot up 43.6% on Tuesday . The stock traded as high as GBX 143 ($1.84) and last traded at GBX 134.30 ($1.73). 34,876,281 shares changed hands during mid-day trading, an increase of 785% from the average session volume of 3,941,050 shares. The stock had previously closed at GBX 93.50 ($1.21).
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 business has a 50 day moving average price of GBX 124.91 and a 200-day moving average price of GBX 117.47. The company has a market capitalization of £899.50 million, a price-to-earnings ratio of -11.21, a P/E/G 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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