EnSilica plc (LON:ENSI – Get Free Report)’s stock price shot up 13.7% on Tuesday . The company traded as high as GBX 110 and last traded at GBX 106.61. 1,983,693 shares were traded during mid-day trading, an increase of 129% from the average session volume of 867,656 shares. The stock had previously closed at GBX 93.80.
EnSilica Trading Down 2.5%
The business’s 50-day moving average price is GBX 73.46 and its two-hundred day moving average price is GBX 54.85. 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 firm has a market cap of £135.56 million, a price-to-earnings ratio of -49.15 and a beta of 0.81.
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.
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