Ethernity Networks (LON:ENET) Reaches New 1-Year Low – Here’s Why

Shares of Ethernity Networks Ltd. (LON:ENETGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.14 ($0.00) and last traded at GBX 0.14 ($0.00), with a volume of 30166922 shares trading hands. The stock had previously closed at GBX 0.16 ($0.00).

Ethernity Networks Price Performance

The firm has a market capitalization of £546,244.00, a PE ratio of -4.77 and a beta of 0.58. The stock’s 50 day simple moving average is GBX 0.24 and its two-hundred day simple moving average is GBX 0.53. The company has a debt-to-equity ratio of 21.00, a quick ratio of 1.37 and a current ratio of 0.42.

About Ethernity Networks

(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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