EnSilica plc (LON:ENSI – Get Free Report) shares dropped 9.6% on Wednesday . The stock traded as low as GBX 98 and last traded at GBX 99. Approximately 2,161,832 shares changed hands during mid-day trading, an increase of 143% from the average daily volume of 890,541 shares. The stock had previously closed at GBX 109.50.
EnSilica Trading Up 4.0%
The company’s fifty day moving average price is GBX 79.38 and its two-hundred day moving average price is GBX 57.24. 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 firm has a market cap of £121.41 million, a P/E ratio of -44.02 and a beta of 0.81.
About EnSilica
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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