CyanConnode (LON:CYAN) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of CyanConnode Holdings plc (LON:CYANGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 9.23 ($0.12) and traded as low as GBX 8.71 ($0.11). CyanConnode shares last traded at GBX 9 ($0.11), with a volume of 465,014 shares trading hands.

CyanConnode Trading Down 2.5 %

The firm’s 50 day moving average is GBX 10.30 and its 200 day moving average is GBX 9.23. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.50 and a quick ratio of 2.18. The company has a market cap of £30.32 million, a PE ratio of -872.20 and a beta of 1.60.

About CyanConnode

(Get Free Report)

CyanConnode Holdings plc engages in the design, development, and sale of narrowband radio frequency (RF) mesh and cellular networks that enable Omni Internet of Things (IoT) communications in the United Kingdom, India, Thailand, rest of Europe, the United Arab Emirates, and internationally. It offers wireless communication technology for smart electricity, gas, and water metering; lighting control; and IoT.

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