Concurrent Technologies Plc (LON:CNC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 233.31 and traded as high as GBX 260. Concurrent Technologies shares last traded at GBX 259, with a volume of 787,071 shares.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on CNC. Stifel Nicolaus reiterated a "buy" rating and issued a GBX 250 price objective on shares of Concurrent Technologies in a research note on Wednesday, April 15th. Berenberg Bank reiterated a "buy" rating and issued a GBX 275 price objective on shares of Concurrent Technologies in a research note on Friday, May 1st. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of GBX 262.50.
Get Our Latest Stock Analysis on Concurrent Technologies
Concurrent Technologies Price Performance
The business's 50 day moving average is GBX 221.03 and its two-hundred day moving average is GBX 233.31. The company has a debt-to-equity ratio of 4.84, a quick ratio of 1.86 and a current ratio of 3.64. The firm has a market capitalization of £235.28 million, a PE ratio of 46.42 and a beta of 1.26.
Concurrent Technologies (LON:CNC - Get Free Report) last posted its quarterly earnings results on Monday, April 13th. The technology company reported GBX 5.86 EPS for the quarter. Concurrent Technologies had a net margin of 11.03% and a return on equity of 11.85%. The firm had revenue of GBX 4,587 million for the quarter. Equities research analysts anticipate that Concurrent Technologies Plc will post 6.1015119 earnings per share for the current fiscal year.
About Concurrent Technologies
(
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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. The processor products feature Intel® processors, including the latest 9th generation embedded Intel® Core™ processors, Intel® Xeon® and Intel® Atom™ processors. The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems.
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