EnSilica (LON:ENSI) Shares Up 1.7% – Time to Buy?

EnSilica plc (LON:ENSIGet Free Report)’s share price shot up 1.7% on Friday . The company traded as high as GBX 42.48 ($0.53) and last traded at GBX 42.48 ($0.53). 40,574 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 199,066 shares. The stock had previously closed at GBX 41.75 ($0.53).

EnSilica Price Performance

The firm has a market capitalization of £41.03 million, a PE ratio of 1,415.93 and a beta of 0.51. The business’s 50 day moving average is GBX 45.43 and its two-hundred day moving average is GBX 47.51. The company has a debt-to-equity ratio of 35.97, a quick ratio of 3.18 and a current ratio of 1.86.

Insider Activity

In other news, insider David Frank Tilston acquired 55,000 shares of EnSilica stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average price of GBX 42 ($0.53) per share, with a total value of £23,100 ($29,067.57). 66.68% of the stock is owned by company insiders.

EnSilica Company Profile

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EnSilica plc designs and supplies custom radio frequency, mmWave, mixed signal, and digital application-specific integrated circuits in the United Kingdom, India, and Brazil. It also offers a portfolio of core IP products covering cryptography, radar, and communications systems; and semiconductor design consultation services.

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