Alphawave IP Group (LON:AWE) Trading Up 43.2% – Still a Buy?

Alphawave IP Group plc (LON:AWEGet Free Report) traded up 43.2% during mid-day trading on Tuesday . The stock traded as high as GBX 143 ($1.87) and last traded at GBX 133.89 ($1.75). 25,336,668 shares changed hands during mid-day trading, an increase of 568% from the average session volume of 3,791,993 shares. The stock had previously closed at GBX 93.50 ($1.23).

Alphawave IP Group Trading Down 0.6 %

The stock has a market cap of £1.28 billion, a PE ratio of -15.91, a PEG 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 fifty day moving average price is GBX 126.02 and its 200 day moving average price is GBX 117.62.

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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