EnSilica (LON:ENSI) Stock Price Up 3.8% – Still a Buy?

EnSilica plc (LON:ENSI) shares shot up 3.8% during mid-day trading on Monday . The company traded as high as GBX 45 ($0.55) and last traded at GBX 45 ($0.55). 147,155 shares were traded during mid-day trading, an increase of 106% from the average session volume of 71,362 shares. The stock had previously closed at GBX 43.35 ($0.53).

EnSilica Stock Up 3.8 %

The stock has a market capitalization of £43.47 million, a P/E ratio of 1,500.00 and a beta of 0.51. 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 firm has a 50-day simple moving average of GBX 44.19 and a 200 day simple moving average of GBX 46.89.

Insider Activity at EnSilica

In related news, insider David Frank Tilston purchased 55,000 shares of EnSilica stock in a transaction on Tuesday, November 12th. The shares were purchased at an average price of GBX 42 ($0.52) per share, for a total transaction of £23,100 ($28,483.35). 66.68% of the stock is owned by company insiders.

EnSilica Company Profile

EnSilica is a leading fabless design house focused on custom ASIC design and supply for OEMs and system houses, as well as IC design services for companies with their own design teams. The company has world-class expertise in supplying custom RF, mmWave, mixed signal, and digital ICs to its international customers in the automotive, industrial, healthcare, and communications markets.