EnSilica (LON:ENSI) Issues Quarterly Earnings Results

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

EnSilica Stock Performance

Shares of ENSI stock traded up GBX 3.10 during trading hours on Tuesday, hitting GBX 86.10. The company’s stock had a trading volume of 1,018,239 shares, compared to its average volume of 682,264. The company has a 50 day moving average of GBX 76.37 and a 200 day moving average of GBX 80.39. EnSilica has a 12-month low of GBX 32 and a 12-month high of GBX 126. The stock has a market cap of £115.58 million, a PE ratio of -36.79 and a beta of 0.91. The company has a current ratio of 0.79, a quick ratio of 3.18 and a debt-to-equity ratio of 45.39.

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.