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Concurrent Technologies (LON:CNC) Stock Price Passes Above 200-Day Moving Average - What's Next?

Concurrent Technologies logo with Computer and Technology background

Concurrent Technologies Plc (LON:CNC - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 176.26 ($2.37) and traded as high as GBX 198 ($2.66). Concurrent Technologies shares last traded at GBX 195.33 ($2.62), with a volume of 135,403 shares traded.

Concurrent Technologies Stock Performance

The firm has a market cap of £154.22 million, a P/E ratio of 30.52 and a beta of 0.69. The stock's 50-day moving average price is GBX 197.62 and its 200 day moving average price is GBX 177.32. 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 posted its quarterly 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, equities analysts predict that Concurrent Technologies Plc will post 6.1015119 EPS for the current year.

Concurrent Technologies Company Profile

(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.

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