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

by · The Markets Daily

Shares of Ethernity Networks Ltd. (LON:ENETGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0 and last traded at GBX 0, with a volume of 2013521000 shares trading hands. The stock had previously closed at GBX 0.

Ethernity Networks Price Performance

The company has a quick ratio of 1.37, a current ratio of 0.17 and a debt-to-equity ratio of 14.15. The stock has a market cap of £30,000.00, a PE ratio of 0.00 and a beta of 0.58.

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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