Ethernity Networks Ltd. (LON:ENET – Get Free Report)’s share price fell 6.3% during trading on Wednesday . The stock traded as low as GBX 0.75 ($0.01) and last traded at GBX 0.82 ($0.01). 5,141,626 shares were traded during trading, a decline of 80% from the average session volume of 25,256,883 shares. The stock had previously closed at GBX 0.88 ($0.01).
Ethernity Networks Price Performance
The firm has a market cap of £1.27 million, a price-to-earnings ratio of -11.43 and a beta of 1.21. The business’s 50-day moving average price is GBX 0.85 and its two-hundred day moving average price is GBX 1.16. The company has a debt-to-equity ratio of 20.33, a current ratio of 1.07 and a quick ratio of 1.37.
Ethernity Networks Company Profile
Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets in Asia, Europe, Israel, and the United States. The company develops and delivers data processing technology and solutions for carrier Ethernet switching. It provides ENET flow processors for telco/cloud network; ACE-NIC40 SmartNIC, an open flow enabled software acceleration NIC; ACE-NIC50 SmartNIC, which offers 10/25G Ethernet connectivity and field-programmable gate array (FPGA) acceleration; and ACE-NIC100 SmartNIC that provides flexible 10/25/40/100G Ethernet connectivity and programmable FPGA acceleration.
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