EnSilica (LON:ENSI) Stock Price Down 2.7% – Here’s Why

EnSilica plc (LON:ENSIGet Free Report) shares were down 2.7% during mid-day trading on Friday . The stock traded as low as GBX 39.15 ($0.51) and last traded at GBX 39.15 ($0.51). Approximately 722,276 shares changed hands during trading, an increase of 238% from the average daily volume of 213,725 shares. The stock had previously closed at GBX 40.25 ($0.52).

EnSilica Trading Down 1.9 %

The business’s 50-day moving average is GBX 49.98 and its two-hundred day moving average is GBX 49.74. The company has a current ratio of 1.86, a quick ratio of 3.18 and a debt-to-equity ratio of 35.97. The stock has a market capitalization of £38.16 million, a PE ratio of 1,316.67 and a beta of 0.51.

EnSilica Company Profile

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EnSilica plc designs and supplies custom radio frequency, mmWave, mixed signal, and digital application-specific integrated circuits in the United Kingdom, India, and Brazil. It also offers a portfolio of core IP products covering cryptography, radar, and communications systems; and semiconductor design consultation services.

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