Concurrent Technologies (LON:CNC) Issues Quarterly Earnings Results

Concurrent Technologies (LON:CNC) announced its earnings results on Monday. The technology company reported GBX 5.49 ($0.07) EPS for the quarter, Digital Look Earnings reports. Concurrent Technologies had a return on equity of 13.89% and a net margin of 13.89%.

Concurrent Technologies Stock Performance

Shares of LON:CNC opened at GBX 161.70 ($2.12) on Monday. The firm has a fifty day simple moving average of GBX 170.74 and a two-hundred day simple moving average of GBX 148.81. The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54. The stock has a market capitalization of £139.70 million, a P/E ratio of 27.65 and a beta of 0.69. Concurrent Technologies has a 52 week low of GBX 86.40 ($1.13) and a 52 week high of GBX 199.78 ($2.61).

Insider Activity

In related news, insider Brent Salgat sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of GBX 166 ($2.17), for a total transaction of £16,600 ($21,719.22). Corporate insiders own 8.96% of the company’s stock.

About Concurrent Technologies

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.