EnSilica (LON:ENSI) Shares Down 1% – Here’s What Happened

Shares of EnSilica plc (LON:ENSI) traded down 1% during trading on Tuesday . The stock traded as low as GBX 94 and last traded at GBX 98. Approximately 664,013 shares traded hands 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 Up 2.0%

The company has a debt-to-equity ratio of 45.39, a current ratio of 0.79 and a quick ratio of 3.18. The business’s fifty day simple moving average is GBX 89.32 and its two-hundred day simple moving average is GBX 61.50. The company has a market cap of £117.88 million, a PE ratio of -42.74 and a beta of 0.91.

EnSilica Company Profile

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.