Ethernity Networks Ltd. (LON:ENET – Get Free Report)’s stock price was up 23.5% on Thursday . The company traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 72,404,945 shares changed hands during mid-day trading, an increase of 37% from the average daily volume of 53,009,945 shares. The stock had previously closed at GBX 0.07 ($0.00).
Ethernity Networks Stock Performance
The stock has a fifty day moving average price of GBX 0.10 and a 200 day moving average price of GBX 0.18. The company has a current ratio of 0.42, a quick ratio of 1.37 and a debt-to-equity ratio of 21.00. The firm has a market cap of £1.29 million, a price-to-earnings ratio of -0.06 and a beta of 0.58.
About Ethernity Networks
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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