EnSilica (LON:ENSI) Sets New 52-Week High - Here's What Happened

Key Points

• New 52-week high: EnSilica shares reached GBX 90 intraday and last traded at GBX 85 on heavy volume (~1,646,110 shares), after a previous close of GBX 88.
• Weak recent results but bullish analyst outlook: The company reported quarterly EPS of GBX (0.52) with negative ROE (−9.80%) and net margin (−9.36%) and a PE of −36.32, yet sell-side analysts forecast about 4.57 EPS for the current fiscal year.
• Business and momentum: EnSilica is a designer of mixed-signal ASICs, has a market cap of ~£90.3M, and the stock is trading well above its 50‑day (GBX 53.84) and 200‑day (GBX 46.95) moving averages.

EnSilica plc (LON:ENSI - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 90 and last traded at GBX 85, with a volume of 1646110 shares traded. The stock had previously closed at GBX 88.

EnSilica Price Performance

The stock's 50 day moving average is GBX 53.84 and its two-hundred day moving average is GBX 46.95. The stock has a market capitalization of £90.32 million, a PE ratio of -36.32 and a beta of 0.59. The company has a debt-to-equity ratio of 45.39, a current ratio of 0.79 and a quick ratio of 3.18.

EnSilica (LON:ENSI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported GBX (0.52) earnings per share (EPS) for the quarter. EnSilica had a negative return on equity of 9.80% and a negative net margin of 9.36%. As a group, sell-side analysts forecast that EnSilica plc will post 4.5676173 earnings per share for the current fiscal year.

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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