EnSilica (LON:ENSI) Trading Up 13.7% – What’s Next?

Shares of EnSilica plc (LON:ENSIGet Free Report) were up 13.7% on Tuesday . The stock traded as high as GBX 110 and last traded at GBX 106.61. Approximately 1,983,693 shares were traded during mid-day trading, an increase of 129% from the average daily volume of 867,656 shares. The stock had previously closed at GBX 93.80.

EnSilica Stock Up 16.2%

The firm has a market capitalization of £128.49 million, a PE ratio of -46.58 and a beta of 0.81. The company has a fifty day simple moving average of GBX 69.54 and a two-hundred day simple moving average of GBX 53.29. The company has a debt-to-equity ratio of 45.39, a quick ratio of 3.18 and a current ratio of 0.79.

About EnSilica

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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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