Ethernity Networks (LON:ENET) Stock Price Down 5.9%

Ethernity Networks Ltd. (LON:ENETGet Free Report) shares fell 5.9% on Thursday . The company traded as low as GBX 0.77 ($0.01) and last traded at GBX 0.80 ($0.01). 5,589,362 shares changed hands during trading, a decline of 80% from the average session volume of 27,283,650 shares. The stock had previously closed at GBX 0.85 ($0.01).

Ethernity Networks Price Performance

The company has a quick ratio of 1.37, a current ratio of 0.73 and a debt-to-equity ratio of 51.98. The business’s 50-day moving average is GBX 0.86 and its two-hundred day moving average is GBX 1.14. The company has a market capitalization of £1.19 million, a P/E ratio of -11.43 and a beta of 1.28.

Ethernity Networks Company Profile

(Get Free Report)

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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