EnSilica (LON:ENSI) Stock Price Up 11% – Still a Buy?

EnSilica plc (LON:ENSIGet Free Report)’s share price rose 11% during mid-day trading on Thursday . The company traded as high as GBX 39.70 ($0.54) and last traded at GBX 38.84 ($0.53). Approximately 202,491 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 194,203 shares. The stock had previously closed at GBX 35 ($0.47).

EnSilica Price Performance

The company has a 50 day simple moving average of GBX 34.49 and a 200 day simple moving average of GBX 40.37. The company has a current ratio of 1.73, a quick ratio of 3.18 and a debt-to-equity ratio of 27.31. The stock has a market cap of £38.64 million, a P/E ratio of -174.08 and a beta of 0.51.

About EnSilica

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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.

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