Ethernity Networks (LON:ENET) Trading Up 100% – Here’s What Happened

Ethernity Networks Ltd. (LON:ENETGet Free Report)’s share price was up 100% during trading on Friday . The stock traded as high as GBX 0 and last traded at GBX 0. Approximately 728,613,875 shares were traded during mid-day trading, an increase of 118% from the average daily volume of 334,513,438 shares. The stock had previously closed at GBX 0.

Ethernity Networks Price Performance

The stock has a market cap of £20,000.00, a P/E ratio of 0.00 and a beta of 0.58. The company has a quick ratio of 1.37, a current ratio of 0.17 and a debt-to-equity ratio of 14.15.

About Ethernity Networks

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Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets in Asia, Europe, Israel, and the United States. The company develops and delivers data processing technology and solutions for carrier Ethernet switching. It provides ENET flow processors for telco/cloud network; ACE-NIC40 SmartNIC, an open flow enabled software acceleration NIC; ACE-NIC50 SmartNIC, which offers 10/25G Ethernet connectivity and field-programmable gate array (FPGA) acceleration; and ACE-NIC100 SmartNIC that provides flexible 10/25/40/100G Ethernet connectivity and programmable FPGA acceleration.

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