EnSilica (LON:ENSI) Stock Price Up 1.7% – Here’s Why

EnSilica plc (LON:ENSIGet Free Report) shot up 1.7% during mid-day trading on Friday . The stock traded as high as GBX 42.48 ($0.53) and last traded at GBX 42.48 ($0.53). 40,574 shares traded 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 company has a debt-to-equity ratio of 35.97, a current ratio of 1.86 and a quick ratio of 3.18. The stock has a market cap of £41.03 million, a P/E ratio of 1,415.93 and a beta of 0.51. The company’s 50 day simple moving average is GBX 45.32 and its 200 day simple moving average is GBX 47.47.

Insider Transactions at EnSilica

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

About EnSilica

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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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