Ethernity Networks (LON:ENET) Reaches New 1-Year Low – Should You Sell?

Ethernity Networks Ltd. (LON:ENETGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.16 ($0.00), with a volume of 53904637 shares changing hands. The stock had previously closed at GBX 0.19 ($0.00).

Ethernity Networks Trading Up 6.7 %

The stock has a market capitalization of £655,492.80, a price-to-earnings ratio of -5.47 and a beta of 0.58. The company has a debt-to-equity ratio of 21.00, a quick ratio of 1.37 and a current ratio of 0.42. The firm has a fifty day moving average of GBX 0.36 and a 200-day moving average of GBX 0.61.

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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