Ethernity Networks (LON:ENET) Sets New 52-Week Low – Here’s Why

Ethernity Networks Ltd. (LON:ENET)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.11 ($0.00), with a volume of 155447984 shares. The stock had previously closed at GBX 0.11 ($0.00).

Ethernity Networks Trading Down 2.8 %

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 company has a market cap of £395,556.00, a price-to-earnings ratio of -3.50 and a beta of 0.58. The company’s fifty day moving average is GBX 0.13 and its two-hundred day moving average is GBX 0.32.

Ethernity Networks Company Profile

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.