Concurrent Technologies (LON:CNC) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Concurrent Technologies Plc (LON:CNCGet Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 109.63 ($1.42) and traded as high as GBX 116 ($1.50). Concurrent Technologies shares last traded at GBX 116 ($1.50), with a volume of 219,555 shares trading hands.

Concurrent Technologies Price Performance

The business’s 50-day simple moving average is GBX 117.91 and its two-hundred day simple moving average is GBX 109.81. The stock has a market cap of £103.20 million, a price-to-earnings ratio of 2,008.33 and a beta of 0.69. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86.

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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