Concurrent Technologies (LON:CNC) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Concurrent Technologies Plc (LON:CNC - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 155.51 ($2.05) and traded as high as GBX 183 ($2.41). Concurrent Technologies shares last traded at GBX 181 ($2.38), with a volume of 724,451 shares trading hands.

Concurrent Technologies Stock Performance

The company has a market cap of £159.83 million, a price-to-earnings ratio of 31.63 and a beta of 0.69. The company's 50 day moving average price is GBX 167.44 and its 200 day moving average price is GBX 157.30. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.86 and a current ratio of 5.11.

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

Insider Activity at Concurrent Technologies

In other Concurrent Technologies news, insider Brent Salgat sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of GBX 166 ($2.19), for a total transaction of £16,600 ($21,870.88). 8.96% of the stock is owned by company 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.