EnSilica (LON:ENSI) Shares Down 8.6% – Time to Sell?

EnSilica plc (LON:ENSI)’s share price was down 8.6% during mid-day trading on Monday . The company traded as low as GBX 32 and last traded at GBX 32. Approximately 531,268 shares changed hands during trading, an increase of 122% from the average daily volume of 239,809 shares. The stock had previously closed at GBX 35.03.

EnSilica Stock Down 8.6%

The firm’s fifty day moving average is GBX 40.99 and its 200-day moving average is GBX 41.04. The stock has a market capitalization of £30.91 million, a PE ratio of -9.82 and a beta of 0.51. The company has a quick ratio of 3.18, a current ratio of 1.73 and a debt-to-equity ratio of 27.31.

EnSilica (LON:ENSI) last issued its earnings results on Tuesday, November 4th. The company reported GBX (3.26) earnings per share (EPS) for the quarter. EnSilica had a negative return on equity of 0.94% and a negative net margin of 0.72%. On average, equities research analysts predict that EnSilica plc will post 4.5676173 earnings per share for the current year.

About EnSilica

EnSilica is a leading fabless design house focused on custom ASIC design and supply for OEMs and system houses, as well as IC design services for companies with their own design teams. The company has world-class expertise in supplying custom RF, mmWave, mixed signal, and digital ICs to its international customers in the automotive, industrial, healthcare, and communications markets.