Concurrent Technologies (LON:CNC) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Concurrent Technologies Plc (LON:CNC – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 119.67 ($1.50) and traded as high as GBX 134.56 ($1.69). Concurrent Technologies shares last traded at GBX 132.17 ($1.66), with a volume of 288,141 shares.

Concurrent Technologies Stock Down 2.1 %

The firm’s 50-day moving average price is GBX 132.12 and its 200 day moving average price is GBX 119.79. The firm has a market cap of £113.19 million, a P/E ratio of 2,202.75 and a beta of 0.69. The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54.

About Concurrent Technologies

(Get Free Report)

Concurrent Technologies Plc, together with its subsidiaries, designs, develops, manufactures, and markets single board computers for system integrators and original equipment manufacturers in the United Kingdom, the United States, Malaysia, rest of Europe, and internationally. It offers VPX, AMC, VME, CompactPCI, XMC, software, and accessories products.

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