EnSilica (LON:ENSI) Issues Earnings Results

EnSilica (LON:ENSI) posted its quarterly earnings data on Monday. The company reported GBX 1.23 earnings per share for the quarter, Digital Look Earnings reports. EnSilica had a negative net margin of 9.36% and a negative return on equity of 9.80%.

EnSilica Stock Up 3.9%

Shares of ENSI traded up GBX 3.25 during midday trading on Tuesday, hitting GBX 86.25. The stock had a trading volume of 1,215,186 shares, compared to its average volume of 683,290. The firm has a market cap of £115.78 million, a price-to-earnings ratio of -36.86 and a beta of 0.91. The company has a 50 day simple moving average of GBX 76.37 and a two-hundred day simple moving average of GBX 80.39. EnSilica has a twelve month low of GBX 32 and a twelve month high of GBX 126. The company has a debt-to-equity ratio of 45.39, a current ratio of 0.79 and a quick ratio of 3.18.

About EnSilica

Founded in 2001, EnSilica began as a semiconductor design services business, building deep expertise in complex chip design. In 2016, the Company evolved into designing and supplying customer-funded ASICs (Application Specific Integrated Circuits), creating long-term recurring supply revenues.

Today, EnSilica designs and supplies a complementary mix of ASICs and ASSPs (Application Specific Standard Products). ASICs are developed for individual customers, typically with customer-funded development, while EnSilica’s own ASSPs are designed for specific applications and sold to multiple customers, providing greater scale and higher-margin potential.