Concurrent Technologies (LON:CNC) Shares Down 11.4% - Should You Sell?

Concurrent Technologies Plc (LON:CNC - Get Free Report) shares were down 11.4% on Tuesday . The stock traded as low as GBX 175 ($2.35) and last traded at GBX 175.05 ($2.35). Approximately 477,095 shares were traded during mid-day trading, an increase of 40% from the average daily volume of 341,344 shares. The stock had previously closed at GBX 197.50 ($2.65).

Concurrent Technologies Stock Down 0.6%

The stock's fifty day moving average is GBX 197.66 and its two-hundred day moving average is GBX 177.77. 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 cap of £160.22 million, a P/E ratio of 31.71 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 (EPS) for the quarter. Concurrent Technologies had a net margin of 13.89% and a return on equity of 13.89%. As a group, research analysts anticipate 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.