Shares of Ethernity Networks Ltd. (LON:ENET – Get Free Report) dropped 33.3% on Monday. The company traded as low as GBX 0 and last traded at GBX 0. Approximately 1,039,867,000 shares were traded during trading, an increase of 294% from the average session volume of 263,865,344 shares. The stock had previously closed at GBX 0.
Ethernity Networks Price Performance
The firm has a market cap of £529,403.72, a price-to-earnings ratio of -0.02 and a beta of 0.01.
About Ethernity Networks
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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