EnSilica (LON:ENSI) Shares Down 1.3% – Here’s Why

EnSilica plc (LON:ENSIGet Free Report) traded down 1.3% during mid-day trading on Friday . The company traded as low as GBX 75 and last traded at GBX 75. Approximately 147,743 shares changed hands during trading, a decline of 80% from the average session volume of 736,557 shares. The stock had previously closed at GBX 76.

EnSilica Price Performance

The company’s 50 day simple moving average is GBX 86.16 and its 200 day simple moving average is GBX 74.92. The company has a debt-to-equity ratio of 45.39, a current ratio of 0.79 and a quick ratio of 3.18. The stock has a market cap of £97.25 million, a P/E ratio of -32.05 and a beta of 0.92.

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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