Concurrent Technologies (LON:CNC) Stock Passes Above 200-Day Moving Average – Should You Sell?

Shares of Concurrent Technologies Plc (LON:CNCGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 119.67 ($1.50) and traded as high as GBX 134.56 ($1.69). Concurrent Technologies shares last traded at GBX 132.17 ($1.66), with a volume of 288,141 shares.

Concurrent Technologies Price Performance

The company has a current ratio of 5.11, a quick ratio of 1.86 and a debt-to-equity ratio of 1.54. The company’s 50-day moving average price is GBX 132.12 and its two-hundred day moving average price is GBX 119.79. The company has a market cap of £113.19 million, a P/E ratio of 2,202.75 and a beta of 0.69.

About Concurrent Technologies

(Get Free Report)

Concurrent Technologies Plc, together with its subsidiaries, designs, develops, manufactures, and markets single board computers for system integrators and original equipment manufacturers in the United Kingdom, the United States, Malaysia, rest of Europe, and internationally. It offers VPX, AMC, VME, CompactPCI, XMC, software, and accessories products.

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