EnSilica (LON:ENSI) Shares Down 9.3% – What’s Next?

EnSilica plc (LON:ENSIGet Free Report)’s share price traded down 9.3% during trading on Friday . The company traded as low as GBX 91 and last traded at GBX 92.55. 901,971 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 844,917 shares. The stock had previously closed at GBX 102.

EnSilica Trading Down 7.8%

The stock has a fifty day moving average of GBX 67.78 and a 200-day moving average of GBX 52.58. The company has a debt-to-equity ratio of 45.39, a quick ratio of 3.18 and a current ratio of 0.79. The company has a market cap of £110.80 million, a PE ratio of -40.17 and a beta of 0.81.

EnSilica Company Profile

(Get Free Report)

EnSilica is a leading designer and supplier of mixed signal ASICs (Application Specific Integrated Circuit). ASICs are tailor-made circuits or semiconductor chips developed for a particular use or product rather than for general purpose usage. ASICs are in high demand from companies operating across a range of high-tech growth markets as they help differentiate and enhance products through optimised hardware, giving businesses a competitive edge and improving supply chain security. EnSilica specialises in designing mixed signal ASICs which combine digital and analogue functions onto a single chip.

Read More

Receive News & Ratings for EnSilica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnSilica and related companies with MarketBeat.com's FREE daily email newsletter.