Ethernity Networks Ltd. (LON:ENET – Get Free Report) shares dropped 11.5% on Monday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 350,375,125 shares were traded during mid-day trading, an increase of 191% from the average daily volume of 120,398,914 shares. The stock had previously closed at GBX 0.03 ($0.00).
Ethernity Networks Price Performance
The company’s 50-day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.08. The company has a debt-to-equity ratio of 21.00, a current ratio of 0.42 and a quick ratio of 1.37. The company has a market capitalization of £398,247.53, a P/E ratio of -0.02 and a beta of 0.58.
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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