CyanConnode Holdings plc engages in the design, development, and sale of Narrowband radio frequency (RF) mesh networks that enable Omni Internet of Things (IoT) communications in the United Kingdom, India, Sweden, Thailand, and internationally. It offers wireless communication technology for smart metering, lighting, and IoT. The company provides Narrowband RF mesh technology that supports multi-application networks, enabling communication with any device, including gas, water, and electricity meters, as well as street lighting and traffic lights. In addition, it offers Omnimesh, a standard-based smart metering solution; and Omni IoT platform that provides multi-network and multi-application IoT solutions. The company was formerly known as Cyan Holdings plc and changed its name to CyanConnode Holdings plc in November 2016. CyanConnode Holdings plc was incorporated in 2002 and is headquartered in Cambridge, the United Kingdom.
CyanConnode Trading Down 3.3 %
CyanConnode stock traded down GBX 0.50 ($0.01) during mid-day trading on Tuesday, reaching GBX 14.50 ($0.18). 114,506 shares of the company traded hands, compared to its average volume of 288,458. The company has a debt-to-equity ratio of 28.10, a current ratio of 1.63 and a quick ratio of 1.54. CyanConnode has a 52-week low of GBX 11 ($0.13) and a 52-week high of GBX 29.85 ($0.36). The firm has a market capitalization of £31.90 million and a price-to-earnings ratio of -16.67. The firm's 50 day moving average price is GBX 13.91 and its 200 day moving average price is GBX 15.62.