Ethernity Networks (LON:ENET) Sets New 12-Month Low at $1.01

Ethernity Networks Ltd. (LON:ENETGet Free Report) reached a new 52-week low on Monday . The stock traded as low as GBX 1.01 ($0.01) and last traded at GBX 1 ($0.01), with a volume of 1604370 shares changing hands. The stock had previously closed at GBX 1.20 ($0.02).

Ethernity Networks Stock Down 16.7 %

The company has a market cap of £1.42 million, a PE ratio of -12.22 and a beta of 1.64. The company has a fifty day moving average of GBX 1.59 and a two-hundred day moving average of GBX 3.69. The company has a debt-to-equity ratio of 56.32, a quick ratio of 1.37 and a current ratio of 0.75.

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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