Alphawave IP Group plc (LON:AWE – Get Free Report) shares fell 13.8% on Saturday . The stock traded as low as GBX 187.90 and last traded at GBX 188.50. 4,099,411 shares changed hands during trading, an increase of 43% from the average session volume of 2,862,369 shares. The stock had previously closed at GBX 218.80.
Alphawave IP Group Stock Performance
The stock’s fifty day simple moving average is GBX 191.99 and its 200-day simple moving average is GBX 181.52. 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 company has a market capitalization of £1.49 billion, a PE ratio of -8.20, a PEG ratio of 0.44 and a beta of 0.89.
Insiders Place Their Bets
In other Alphawave IP Group news, insider Rahul Mathur bought 1,806 shares of the business’s stock in a transaction on Wednesday, October 8th. The stock was bought at an average price of GBX 147 per share, for a total transaction of £2,654.82. 42.12% of the stock is owned by insiders.
Alphawave IP Group Company Profile
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.
Further Reading
- Five stocks we like better than Alphawave IP Group
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Why Amazon Could Be a $300 Stock Within Weeks
- How to trade using analyst ratings
- Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- MarketBeat Week in Review – 12/8 – 12/12
Receive News & Ratings for Alphawave IP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphawave IP Group and related companies with MarketBeat.com's FREE daily email newsletter.
