EnSilica (LON:ENSI) Stock Price Up 6.3% – Still a Buy?

Shares of EnSilica plc (LON:ENSI) shot up 6.3% on Friday . The company traded as high as GBX 56 and last traded at GBX 55.80. 386,582 shares changed hands during trading, an increase of 20% from the average session volume of 320,889 shares. The stock had previously closed at GBX 52.50.

EnSilica Price Performance

The company has a current ratio of 0.79, a quick ratio of 3.18 and a debt-to-equity ratio of 45.39. The business has a fifty day simple moving average of GBX 49.95 and a two-hundred day simple moving average of GBX 45.62. The stock has a market cap of £72.26 million, a PE ratio of -29.06 and a beta of 0.59.

EnSilica (LON:ENSI) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported GBX (0.52) EPS for the quarter. EnSilica had a negative return on equity of 9.80% and a negative net margin of 9.36%. Research analysts forecast 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.