Alphawave IP Group plc (LON:AWE – Get Free Report) shares shot up 2% on Thursday . The company traded as high as GBX 135 ($1.78) and last traded at GBX 135 ($1.78). 342,229 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 1,617,696 shares. The stock had previously closed at GBX 132.40 ($1.74).
Alphawave IP Group Stock Down 4.3 %
The firm has a market cap of £955.77 million, a price-to-earnings ratio of -2,153.33, a P/E/G ratio of 0.44 and a beta of 0.91. The firm has a fifty day simple moving average of GBX 144.52 and a 200-day simple moving average of GBX 147.11. The company has a debt-to-equity ratio of 50.60, a quick ratio of 15.51 and a current ratio of 2.20.
About Alphawave IP Group
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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