EnSilica (LON:ENSI) Stock Price Down 7% – Should You Sell?

EnSilica plc (LON:ENSI)’s share price was down 7% during mid-day trading on Monday . The company traded as low as GBX 43 ($0.54) and last traded at GBX 44.97 ($0.56). Approximately 312,623 shares were traded during mid-day trading, an increase of 70% from the average daily volume of 184,434 shares. The stock had previously closed at GBX 48.35 ($0.60).

EnSilica Stock Performance

The stock’s 50-day moving average price is GBX 44.60 and its 200-day moving average price is GBX 46.39. The company has a current ratio of 1.86, a quick ratio of 3.18 and a debt-to-equity ratio of 35.97. The company has a market capitalization of £43.10 million, a P/E ratio of 1,487.33 and a beta of 0.51.

EnSilica (LON:ENSI) last released its quarterly earnings data on Monday, February 10th. The company reported GBX (1.44) (($0.02)) earnings per share for the quarter. EnSilica had a return on equity of 13.65% and a net margin of 9.26%. As a group, equities analysts expect that EnSilica plc will post 4.5676173 EPS for the current 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.