Ethernity Networks Ltd (ENET)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

0.14p
   
  • Change Today:
      0.008p
  • 52 Week High: 1.63
  • 52 Week Low: 0.12
  • Currency: UK Pounds
  • Shares Issued: 902.23m
  • Volume: 127,074,394
  • Market Cap: £1.24m
  • RiskGrade: 393
  • Beta: 0.79

Ethernity secures $200k product enhancement order

By Iain Gilbert

Date: Tuesday 13 Aug 2024

LONDON (ShareCast) - (Sharecast News) - Data processing semiconductor technology business Ethernity Networks has secured a $200,000 product enhancement order from a leading US-based broadband systems provider.
Ethernity said on Tuesday that the order was for the customer's Remote PON OLT hardened platform, with the enhancements based on existing ENET data processing technology. They will be integrated into the customer's existing product during H224

The AIM-listed group stated the order represented a further development of the relationship with the customer, following the successful rollout of its Remote 10G OLT product. The Customer initially engaged with Ethernity in 2018.

Chief executive David Levi said: "Over the last few months the company has provided the customer with intensive support and proved once again that we are a trustworthy partner. We are pleased to have received this new product enhancement order, which will help maintain the customer's leading position in the Remote 10G OLT market, and win new business.

"This order confirms that our silicon-tuned data processing technology offers tremendous value to the market and provides significant differentiation for the customer's product."

As of 1025 BST, Ethernity shares were up 9.09% at 0.60p.











Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ENET Market Data

Currency UK Pounds
Share Price 0.14p
Change Today 0.008p
% Change 5.77 %
52 Week High 1.63
52 Week Low 0.12
Volume 127,074,394
Shares Issued 902.23m
Market Cap £1.24m
Beta 0.79
RiskGrade 393

ENET Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.41% above the market average77.41% above the market average77.41% above the market average77.41% above the market average77.41% above the market average
39.13% above the sector average39.13% above the sector average39.13% above the sector average39.13% above the sector average39.13% above the sector average
Price Trend
97.71% below the market average97.71% below the market average97.71% below the market average97.71% below the market average97.71% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
27.51% above the market average27.51% above the market average27.51% above the market average27.51% above the market average27.51% above the market average
4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average

ENET Dividends

No dividends found

Trades for 06-Dec-2024

Time Volume / Share Price
16:12 2,000,000 @ 0.14p
16:11 354,642 @ 0.14p
16:08 64,646 @ 0.14p
15:21 3,000 @ 0.14p
15:21 63,000 @ 0.14p

ENET Key Personnel

CEO David Levi
CFO Tomer Assis

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