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Concurrent Technologies (LON:CNC) Stock Passes Above 200 Day Moving Average - Time to Sell?

Concurrent Technologies logo with Computer and Technology background

Concurrent Technologies Plc (LON:CNC - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 178.67 ($2.40) and traded as high as GBX 185.50 ($2.49). Concurrent Technologies shares last traded at GBX 181 ($2.43), with a volume of 336,228 shares trading hands.

Concurrent Technologies Price Performance

The company has a market cap of £155.50 million, a PE ratio of 30.77 and a beta of 0.69. The firm's 50-day moving average is GBX 197.11 and its 200-day moving average is GBX 179.86. The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54.

About Concurrent Technologies

(Get Free Report)

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.

Further Reading

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