EnSilica (LON:ENSI) Hits New 52-Week High – Time to Buy?

EnSilica plc (LON:ENSI)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 54 and last traded at GBX 53, with a volume of 985022 shares trading hands. The stock had previously closed at GBX 51.80.

EnSilica Stock Up 2.3%

The firm has a 50-day moving average of GBX 39.37 and a two-hundred day moving average of GBX 41.43. The firm has a market cap of £51.20 million, a price-to-earnings ratio of -16.26 and a beta of 0.51. The company has a current ratio of 1.73, a quick ratio of 3.18 and a debt-to-equity ratio of 27.31.

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

EnSilica Company Profile

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. The company also offers a broad portfolio of core IP covering cryptography, radar, and communications systems. EnSilica has a track record in delivering high-quality solutions to demanding industry standards.