Concurrent Technologies (LON:CNC) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Concurrent Technologies Plc (LON:CNCGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 122.88 ($1.52) and traded as high as GBX 140.85 ($1.74). Concurrent Technologies shares last traded at GBX 138.94 ($1.72), with a volume of 301,955 shares changing hands.

Concurrent Technologies Stock Down 0.4 %

The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86. The business has a fifty day moving average of GBX 137.17 and a 200 day moving average of GBX 122.88. The stock has a market cap of £118.99 million, a price-to-earnings ratio of 2,315.67 and a beta of 0.69.

Concurrent Technologies Company Profile

(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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