Ethernity Networks (LON:ENET) Reaches New 1-Year Low – What’s Next?

Ethernity Networks Ltd. (LON:ENETGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.16 ($0.00), with a volume of 7095357 shares traded. The stock had previously closed at GBX 0.17 ($0.00).

Ethernity Networks Stock Down 6.1 %

The business has a fifty day moving average of GBX 0.31 and a 200 day moving average of GBX 0.57. The stock has a market cap of £583,916.00, a price-to-earnings ratio of -5.58 and a beta of 0.58. The company has a debt-to-equity ratio of 21.00, a current ratio of 0.42 and a quick ratio of 1.37.

About Ethernity Networks

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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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