CyanConnode (LON:CYAN) Hits New 52-Week High – Still a Buy?

CyanConnode Holdings plc (LON:CYANGet Free Report) reached a new 52-week high during trading on Friday . The company traded as high as GBX 9.54 and last traded at GBX 9.54, with a volume of 281394 shares. The stock had previously closed at GBX 9.

CyanConnode Stock Up 6.0%

The company has a current ratio of 1.61, a quick ratio of 2.17 and a debt-to-equity ratio of 171.63. The company has a 50 day simple moving average of GBX 8.48 and a two-hundred day simple moving average of GBX 8.10. The firm has a market capitalization of £33.58 million, a P/E ratio of -7.23 and a beta of 1.08.

About CyanConnode

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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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