Concurrent Technologies (LON:CNC) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Concurrent Technologies Plc (LON:CNCGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 131.39 ($1.63) and traded as high as GBX 185.80 ($2.30). Concurrent Technologies shares last traded at GBX 184 ($2.28), with a volume of 997,166 shares trading hands.

Concurrent Technologies Price Performance

The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86. The stock has a market capitalization of £158.43 million, a price-to-earnings ratio of 3,083.33 and a beta of 0.69. The stock’s 50 day simple moving average is GBX 150.65 and its 200-day simple moving average is GBX 132.13.

About Concurrent Technologies

(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

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