Ethernity Networks Ltd. (LON:ENET – Get Free Report) was down 9.6% during trading on Monday . The stock traded as low as GBX 0.85 ($0.01) and last traded at GBX 0.88 ($0.01). Approximately 9,964,786 shares traded hands during trading, a decline of 52% from the average daily volume of 20,574,551 shares. The stock had previously closed at GBX 0.97 ($0.01).
Ethernity Networks Price Performance
The business’s fifty day moving average price is GBX 0.76 and its 200 day moving average price is GBX 0.90. The stock has a market cap of £3.01 million, a P/E ratio of -27.50 and a beta of 1.21. The company has a debt-to-equity ratio of 20.33, a current ratio of 1.07 and a quick ratio of 1.37.
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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