CyanConnode (LON:CYAN) Shares Pass Above 200-Day Moving Average – Time to Sell?

CyanConnode Holdings plc (LON:CYAN – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 7.82 and traded as high as GBX 8.80. CyanConnode shares last traded at GBX 8.25, with a volume of 3,581,088 shares traded.

CyanConnode Stock Down 5.7%

The company has a debt-to-equity ratio of 171.63, a current ratio of 1.61 and a quick ratio of 2.17. The firm has a market cap of £29.04 million, a PE ratio of -6.25 and a beta of 1.02. The business has a fifty day moving average price of GBX 8.22 and a two-hundred day moving average price of GBX 7.82.

CyanConnode Company Profile

(Get Free Report)

CyanConnode is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications. With a wealth of expertise and experience in smart technology, the Group provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency and save energy.

Featured Stories

• Five stocks we like better than CyanConnode
• Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
• Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
• Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
• Why Kroger’s Pullback Could Be a Gift for Patient Investors