Ethernity Networks Ltd. (LON:ENET – Get Free Report)’s share price shot up 2.9% on Friday . The stock traded as high as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). 25,914,365 shares were traded during trading, a decline of 76% from the average session volume of 107,161,680 shares. The stock had previously closed at GBX 0.11 ($0.00).
Ethernity Networks Stock Up 2.9 %
The business has a 50-day moving average price of GBX 0.12 and a 200-day moving average price of GBX 0.30. The company has a quick ratio of 1.37, a current ratio of 0.42 and a debt-to-equity ratio of 21.00. The firm has a market capitalization of £406,857.60, a PE ratio of -3.60 and a beta of 0.58.
About Ethernity Networks
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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