Ethernity Networks (LON:ENET) Trading Down 1.2% – Time to Sell?

Ethernity Networks Ltd. (LON:ENETGet Free Report)’s stock price traded down 1.2% during trading on Wednesday . The company traded as low as GBX 0.23 ($0.00) and last traded at GBX 0.25 ($0.00). 4,425,241 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 20,680,865 shares. The stock had previously closed at GBX 0.25 ($0.00).

Ethernity Networks Stock Down 8.0 %

The company has a market capitalization of £866,456.00, a PE ratio of -8.33 and a beta of 0.58. The business has a 50-day moving average of GBX 0.45 and a 200 day moving average of GBX 0.65. The company has a debt-to-equity ratio of 21.00, a current ratio of 0.42 and a quick ratio of 1.37.

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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