EnSilica (LON:ENSI) Shares Down 8.6% – Here’s What Happened

EnSilica plc (LON:ENSI)’s share price dropped 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 were traded 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 Price Performance

The company’s 50-day simple moving average is GBX 40.99 and its 200 day simple moving average is GBX 41.04. The company has a market cap of £30.91 million, a PE ratio of -9.82 and a beta of 0.51. The company has a debt-to-equity ratio of 27.31, a quick ratio of 3.18 and a current ratio of 1.73.

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