Insider Buying: Alphawave IP Group plc (LON:AWE) Insider Purchases 415,416 Shares of Stock

Alphawave IP Group plc (LON:AWE) insider John Lofton Holt acquired 415,416 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were acquired at an average price of GBX 23 ($0.29) per share, for a total transaction of £95,545.68 ($121,066.50).

Alphawave IP Group Stock Performance

AWE stock traded up GBX 2.60 ($0.03) during trading on Wednesday, reaching GBX 140.40 ($1.78). 692,406 shares of the company’s stock were exchanged, compared to its average volume of 1,656,271. 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 firm has a market cap of £1.04 billion, a PE ratio of -1,566.67, a P/E/G ratio of 0.44 and a beta of 0.89. The company’s fifty day moving average price is GBX 114.14 and its 200-day moving average price is GBX 131.32. Alphawave IP Group plc has a 1-year low of GBX 70.60 ($0.89) and a 1-year high of GBX 193 ($2.45).

Alphawave IP Group Company Profile

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.