Concurrent Technologies (LON:CNC) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Concurrent Technologies Plc (LON:CNCGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 135.72 ($1.71) and traded as high as GBX 192 ($2.42). Concurrent Technologies shares last traded at GBX 189 ($2.38), with a volume of 208,265 shares changing hands.

Concurrent Technologies Stock Performance

The company has a market capitalization of £159.94 million, a price-to-earnings ratio of 31.65 and a beta of 0.69. The stock has a 50 day simple moving average of GBX 157.18 and a 200 day simple moving average of GBX 135.72. The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54.

Concurrent Technologies Company Profile

(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.

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