Ethernity Networks (LON:ENET) Trading Up 16.7% – Here’s What Happened

Shares of Ethernity Networks Ltd. (LON:ENETGet Free Report) traded up 16.7% on Wednesday . The company traded as high as GBX 0.01 and last traded at GBX 0.01. 920,350,875 shares traded hands during trading, an increase of 13% from the average session volume of 813,575,125 shares. The stock had previously closed at GBX 0.01.

Ethernity Networks Stock Down 16.7%

The company has a debt-to-equity ratio of 21.00, a quick ratio of 1.37 and a current ratio of 0.42. The company has a market capitalization of £50,000.00, a PE ratio of -0.01 and a beta of 0.58. The firm’s 50-day simple moving average is GBX 0.01 and its 200 day simple moving average is GBX 0.01.

About Ethernity Networks

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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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