EnSilica (LON:ENSI) Trading Up 10.4% – What’s Next?

EnSilica plc (LON:ENSIGet Free Report) rose 10.4% on Monday . The stock traded as high as GBX 118 and last traded at GBX 116.99. Approximately 1,569,726 shares traded hands during mid-day trading, an increase of 123% from the average daily volume of 704,669 shares. The stock had previously closed at GBX 106.

EnSilica Price Performance

The company has a market cap of £136.21 million, a P/E ratio of -49.38 and a beta of 0.81. The company has a fifty day moving average price of GBX 59.22 and a two-hundred day moving average price of GBX 49.15. 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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