EnSilica (LON:ENSI) Trading 0.2% Higher – What’s Next?

EnSilica plc (LON:ENSI)’s stock price rose 0.2% during mid-day trading on Tuesday . The stock traded as high as GBX 50 and last traded at GBX 49.60. Approximately 58,552 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 340,740 shares. The stock had previously closed at GBX 49.50.

EnSilica Trading Down 1.0%

The business’s 50-day moving average price is GBX 47.06 and its two-hundred day moving average price is GBX 43.64. The company has a debt-to-equity ratio of 27.31, a current ratio of 1.73 and a quick ratio of 3.18. The firm has a market cap of £47.33 million, a price-to-earnings ratio of -15.03 and a beta of 0.51.

EnSilica (LON:ENSI) last announced its earnings results on Tuesday, February 3rd. The company reported GBX (0.52) earnings per share (EPS) for the quarter. EnSilica had a negative return on equity of 0.94% and a negative net margin of 0.72%. Equities analysts expect that EnSilica plc will post 4.5676173 earnings per share for the current year.

About EnSilica

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.