Concurrent Technologies (LON:CNC) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Concurrent Technologies Plc (LON:CNC - Get 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 153.03 ($2.03) and traded as high as GBX 179.96 ($2.39). Concurrent Technologies shares last traded at GBX 177.76 ($2.36), with a volume of 265,491 shares trading hands.

Concurrent Technologies Trading Up 3.1 %

The business has a fifty day moving average price of GBX 165.62 and a two-hundred day moving average price of GBX 154.46. 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 firm has a market capitalization of £164.40 million, a PE ratio of 32.54 and a beta of 0.69.

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

Insider Buying and Selling at Concurrent Technologies

In other Concurrent Technologies news, insider Brent Salgat sold 10,000 shares of Concurrent Technologies stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of GBX 166 ($2.20), for a total value of £16,600 ($22,027.60). 8.96% of the stock is owned by corporate insiders.

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.