Concurrent Technologies (LON:CNC) Stock Price Crosses Above 200 Day Moving Average - Here's Why

Concurrent Technologies Plc (LON:CNC - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 167.27 ($2.27) and traded as high as GBX 214 ($2.90). Concurrent Technologies shares last traded at GBX 212.85 ($2.89), with a volume of 942,875 shares trading hands.

Concurrent Technologies Price Performance

The business's 50 day moving average is GBX 183.15 and its two-hundred day moving average is GBX 168.12. The firm has a market capitalization of £167.61 million, a PE ratio of 33.17 and a beta of 0.69. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86.

Concurrent Technologies (LON:CNC - Get Free Report) last issued 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 EPS for the current year.

Concurrent Technologies Company Profile

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.