EnSilica (LON:ENSI) Stock Price Down 0.5% - Here's What Happened

Key Points

• Price action: Shares fell about 0.5% to GBX 49.27 on Thursday with 297,481 shares traded, roughly 5% below the average session volume.
• Profitability/estimates: EnSilica reported quarterly EPS of GBX (0.52) with negative ROE and net margin and a negative P/E of -21.06, while sell-side analysts project an EPS of 4.5676173 for the current year.
• Business and balance sheet: The company, a designer of mixed-signal ASICs, has a market cap of £52.35M, a strong quick ratio (3.18) but a weak current ratio (0.79) and a debt-to-equity of 45.39.

EnSilica plc (LON:ENSI - Get Free Report)'s stock price traded down 0.5% on Thursday . The company traded as low as GBX 49 and last traded at GBX 49.27. 297,481 shares changed hands during trading, a decline of 5% from the average session volume of 313,937 shares. The stock had previously closed at GBX 49.50.

EnSilica Price Performance

The stock has a market cap of £52.35 million, a P/E ratio of -21.06 and a beta of 0.59. The company has a quick ratio of 3.18, a current ratio of 0.79 and a debt-to-equity ratio of 45.39. The business's 50-day simple moving average is GBX 49.65 and its two-hundred day simple moving average is GBX 45.06.

EnSilica (LON:ENSI - Get Free Report) last announced 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%. Sell-side analysts expect that EnSilica plc will post 4.5676173 EPS for the current year.

About EnSilica

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.