Concurrent Technologies (LON:CNC) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Concurrent Technologies Plc (LON:CNC - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 176.26 ($2.38) and traded as high as GBX 198 ($2.67). Concurrent Technologies shares last traded at GBX 195.33 ($2.63), with a volume of 135,403 shares traded.

Concurrent Technologies Stock Performance

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 stock has a fifty day moving average price of GBX 197.49 and a 200-day moving average price of GBX 176.26. The firm has a market capitalization of £168.76 million, a price-to-earnings ratio of 33.40 and a beta of 0.69.

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 return on equity of 13.89% and a net margin of 13.89%. As a group, analysts anticipate that Concurrent Technologies Plc will post 6.1015119 earnings per share for the current fiscal 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.