Concurrent Technologies Plc (LON:CNC - Get Free Report)'s share price crossed 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 traded.
Concurrent Technologies Price Performance
The stock has a market capitalization of £159.83 million, a P/E ratio of 31.63 and a beta of 0.69. 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's fifty day moving average is GBX 167.44 and its 200-day moving average is GBX 157.30.
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) EPS for the quarter. Concurrent Technologies had a return on equity of 13.89% and a net margin of 13.89%. As a group, equities research analysts predict that Concurrent Technologies Plc will post 6.1015119 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Brent Salgat sold 10,000 shares of the company's stock in a transaction that occurred on 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). Insiders own 8.96% of the company's stock.
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.
Further Reading
Before you consider Concurrent Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Concurrent Technologies wasn't on the list.
While Concurrent Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
