EnSilica (LON:ENSI) Stock Price Down 2.2% – What’s Next?

EnSilica plc (LON:ENSIGet Free Report) shares fell 2.2% on Thursday . The stock traded as low as GBX 88 and last traded at GBX 88. Approximately 365,122 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 835,581 shares. The stock had previously closed at GBX 90.

EnSilica Stock Up 4.5%

The firm has a fifty day moving average price of GBX 99.91 and a 200-day moving average price of GBX 67.73. 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 market cap of £108.45 million, a price-to-earnings ratio of -39.32 and a beta of 0.93.

About EnSilica

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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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