Concurrent Technologies (LON:CNC) Sets New 1-Year High - What's Next?

Shares of Concurrent Technologies Plc (LON:CNC - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 216.20 ($2.93) and last traded at GBX 210 ($2.85), with a volume of 418004 shares. The stock had previously closed at GBX 202.56 ($2.75).

Concurrent Technologies Trading Up 1.4%

The business's 50-day simple moving average is GBX 177.40 and its two-hundred day simple moving average is GBX 165.55. The company has a current ratio of 5.11, a quick ratio of 1.86 and a debt-to-equity ratio of 1.54. The company has a market capitalization of £183.16 million, a PE ratio of 36.25 and a beta of 0.69.

Concurrent Technologies (LON:CNC - Get Free Report) last released its quarterly earnings results on Monday, April 14th. The technology company reported GBX 5.49 ($0.07) EPS for the quarter. Concurrent Technologies had a return on equity of 13.89% and a net margin of 13.89%. On average, analysts predict that Concurrent Technologies Plc will post 6.1015119 earnings per share for the current year.

About Concurrent Technologies

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high-performance, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments.