CyanConnode (LON:CYAN) Sets New 1-Year High – Should You Buy?

CyanConnode Holdings plc (LON:CYANGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 10.10 and last traded at GBX 10.10, with a volume of 1469375 shares changing hands. The stock had previously closed at GBX 10.10.

CyanConnode Stock Performance

The stock has a 50-day simple moving average of GBX 9.28 and a 200-day simple moving average of GBX 8.58. The company has a debt-to-equity ratio of 171.63, a current ratio of 1.61 and a quick ratio of 2.17. The stock has a market cap of £35.20 million, a PE ratio of -7.58 and a beta of 1.06.

About CyanConnode

(Get Free Report)

CyanConnode is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications. With a wealth of expertise and experience in smart technology, the Group provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency and save energy.

Further Reading

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