EnSilica (LON:ENSI) Trading Down 2.6% – Here’s Why

Shares of EnSilica plc (LON:ENSIGet Free Report) traded down 2.6% during mid-day trading on Friday . The stock traded as low as GBX 75 and last traded at GBX 75. Approximately 525,642 shares were traded during trading, a decline of 33% from the average daily volume of 780,676 shares. The stock had previously closed at GBX 77.

EnSilica Trading Down 2.6%

The company has a quick ratio of 3.18, a current ratio of 0.79 and a debt-to-equity ratio of 45.39. The firm has a 50 day moving average of GBX 93.41 and a 200 day moving average of GBX 71.59. The firm has a market cap of £88.41 million, a PE ratio of -32.05 and a beta of 0.93.

EnSilica Company Profile

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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.

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