Alphawave IP Group (LON:AWE) Shares Up 14.9% – Should You Buy?

Posted by Teresa Graham on Jan 21st, 2025

Shares of Alphawave IP Group plc (LON:AWE – Get Free Report) traded up 14.9% during mid-day trading on Tuesday . The stock traded as high as GBX 144.20 ($1.78) and last traded at GBX 143.20 ($1.77). 3,649,579 shares were traded during trading, a decline of 33% from the average session volume of 5,461,295 shares. The stock had previously closed at GBX 124.60 ($1.54).

Alphawave IP Group Stock Up 14.9 %

The firm has a market capitalization of £1.06 billion, a P/E ratio of -1,591.11, a PEG ratio of 0.44 and a beta of 0.89. The company has a debt-to-equity ratio of 53.89, a quick ratio of 15.51 and a current ratio of 0.62. The firm’s 50-day moving average is GBX 113.28 and its 200 day moving average is GBX 123.56.

Insider Transactions at Alphawave IP Group

In related news, insider John Lofton Holt purchased 415,416 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was purchased at an average cost of GBX 23 ($0.28) per share, for a total transaction of £95,545.68 ($117,812.18). Company insiders own 43.96% of the company’s stock.

Alphawave IP Group Company Profile

(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.