EnSilica (LON:ENSI) Stock Price Down 4.5% – What’s Next?

Shares of EnSilica plc (LON:ENSIGet Free Report) fell 4.5% on Tuesday . The stock traded as low as GBX 111 and last traded at GBX 112.68. 3,612,058 shares changed hands during mid-day trading, an increase of 355% from the average session volume of 793,247 shares. The stock had previously closed at GBX 118.

EnSilica Stock Down 11.6%

The firm has a 50 day simple moving average of GBX 58.13 and a two-hundred day simple moving average of GBX 48.68. The company has a market capitalization of £122.90 million, a PE ratio of -44.56 and a beta of 0.81. The company has a current ratio of 0.79, a quick ratio of 3.18 and a debt-to-equity ratio of 45.39.

EnSilica Company Profile

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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.

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