Ethernity Networks (LON:ENET) Hits New 12-Month Low – Here’s Why

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

Ethernity Networks Trading Down 10.6 %

The company has a debt-to-equity ratio of 21.00, a current ratio of 0.42 and a quick ratio of 1.37. The firm has a market cap of £380,487.20, a price-to-earnings ratio of -3.37 and a beta of 0.58. The firm’s fifty day moving average is GBX 0.12 and its 200-day moving average is GBX 0.31.

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.