Shares of Ethernity Networks Ltd. (LON:ENET – Get Free Report) were down 8.3% during trading on Thursday . The stock traded as low as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). Approximately 7,894,422 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 106,268,180 shares. The stock had previously closed at GBX 0.12 ($0.00).
Ethernity Networks Price Performance
The firm has a market cap of £425,693.60, a price-to-earnings ratio of -3.77 and a beta of 0.58. The company has a current ratio of 0.42, a quick ratio of 1.37 and a debt-to-equity ratio of 21.00. The company’s 50-day moving average is GBX 0.13 and its 200-day moving average is GBX 0.36.
About Ethernity Networks
Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets in Asia, Europe, Israel, and the United States. The company develops and delivers data processing technology and solutions for carrier Ethernet switching. It provides ENET flow processors for telco/cloud network; ACE-NIC40 SmartNIC, an open flow enabled software acceleration NIC; ACE-NIC50 SmartNIC, which offers 10/25G Ethernet connectivity and field-programmable gate array (FPGA) acceleration; and ACE-NIC100 SmartNIC that provides flexible 10/25/40/100G Ethernet connectivity and programmable FPGA acceleration.
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