EnSilica (LON:ENSI) Trading 2.9% Higher – Here’s What Happened

EnSilica plc (LON:ENSI) shares rose 2.9% during trading on Wednesday . The stock traded as high as GBX 51 and last traded at GBX 49.40. Approximately 314,262 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 328,294 shares. The stock had previously closed at GBX 48.

EnSilica Stock Performance

The business has a 50-day moving average of GBX 49.58 and a two-hundred day moving average of GBX 44.39. The company has a market cap of £47.72 million, a P/E ratio of -21.11 and a beta of 0.51. The company has a debt-to-equity ratio of 45.39, a current ratio of 0.79 and a quick ratio of 3.18.

EnSilica (LON:ENSI) last announced its 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%. On average, sell-side analysts predict that EnSilica plc will post 4.5676173 EPS for the current fiscal year.

EnSilica Company Profile

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.