EnSilica (LON:ENSI) Shares Down 1% – What’s Next?

Shares of EnSilica plc (LON:ENSIGet Free Report) traded down 1% during trading on Tuesday . The company traded as low as GBX 94 and last traded at GBX 98. 664,013 shares were traded during trading, a decline of 25% from the average session volume of 885,465 shares. The stock had previously closed at GBX 99.

EnSilica Stock Performance

The company has a current ratio of 0.79, a quick ratio of 3.18 and a debt-to-equity ratio of 45.39. The business’s 50 day moving average is GBX 87.30 and its 200 day moving average is GBX 60.64. The stock has a market capitalization of £115.52 million, a PE ratio of -41.88 and a beta of 0.91.

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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