Alphawave IP Group (LON:AWE) Trading Down 3.1% – Should You Sell?

Alphawave IP Group plc (LON:AWEGet Free Report) was down 3.1% during mid-day trading on Tuesday . The company traded as low as GBX 122.20 ($1.57) and last traded at GBX 124.80 ($1.61). Approximately 1,911,458 shares changed hands during trading, an increase of 11% from the average daily volume of 1,716,480 shares. The stock had previously closed at GBX 128.80 ($1.66).

Alphawave IP Group Trading Up 2.0 %

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’s 50-day moving average is GBX 114.16 and its 200 day moving average is GBX 130.73. The company has a market cap of £921.29 million, a price-to-earnings ratio of -1,382.22, a price-to-earnings-growth ratio of 0.44 and a beta of 0.89.

About Alphawave IP Group

(Get Free Report)

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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