EnSilica (LON:ENSI) Hits New 52-Week High – Time to Buy?

Shares of EnSilica plc (LON:ENSI) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 54 and last traded at GBX 53, with a volume of 985022 shares. The stock had previously closed at GBX 51.80.

EnSilica Stock Up 2.3%

The company has a current ratio of 1.73, a quick ratio of 3.18 and a debt-to-equity ratio of 27.31. The business’s fifty day moving average price is GBX 39.37 and its two-hundred day moving average price is GBX 41.43. The firm has a market cap of £51.20 million, a P/E ratio of -16.26 and a beta of 0.51.

EnSilica (LON:ENSI) last posted its earnings results on Tuesday, November 4th. The company reported GBX (3.26) EPS for the quarter. EnSilica had a negative return on equity of 0.94% and a negative net margin of 0.72%. As a group, equities research analysts anticipate that EnSilica plc will post 4.5676173 EPS for the current year.

EnSilica Company Profile

EnSilica is a leading fabless design house focused on custom ASIC design and supply for OEMs and system houses, as well as IC design services for companies with their own design teams. The company has world-class expertise in supplying custom RF, mmWave, mixed signal, and digital ICs to its international customers in the automotive, industrial, healthcare, and communications markets. The company also offers a broad portfolio of core IP covering cryptography, radar, and communications systems. EnSilica has a track record in delivering high-quality solutions to demanding industry standards.