Ethernity Networks (LON:ENET) Trading Up 7% – Time to Buy?

Ethernity Networks Ltd. (LON:ENETGet Free Report)’s share price was up 7% during mid-day trading on Monday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 33,354,305 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 26,474,920 shares. The stock had previously closed at GBX 0.12 ($0.00).

Ethernity Networks Stock Performance

The company has a market capitalization of £463,365.60, a PE ratio of -4.10 and a beta of 0.58. The company has a debt-to-equity ratio of 21.00, a quick ratio of 1.37 and a current ratio of 0.42. The business’s 50-day moving average is GBX 0.14 and its 200-day moving average is GBX 0.39.

Ethernity Networks Company Profile

(Get Free Report)

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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