Shares of CyanConnode Holdings plc (LON:CYAN – Get Free Report) rose 16.2% during mid-day trading on Thursday . The stock traded as high as GBX 10.79 ($0.13) and last traded at GBX 10.63 ($0.13). Approximately 3,056,291 shares were traded during trading, an increase of 271% from the average daily volume of 824,161 shares. The stock had previously closed at GBX 9.15 ($0.11).
CyanConnode Stock Up 16.2 %
The business’s 50 day moving average is GBX 9.43 and its 200 day moving average is GBX 9.32. The company has a quick ratio of 2.18, a current ratio of 1.50 and a debt-to-equity ratio of 3.53. The company has a market cap of £36.95 million, a P/E ratio of -1,063.00 and a beta of 1.60.
About CyanConnode
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.
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