Concurrent Technologies (LON:CNC) Stock Crosses Above 200 Day Moving Average – What’s Next?

Concurrent Technologies Plc (LON:CNC)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 118.24 ($1.50) and traded as high as GBX 138.39 ($1.75). Concurrent Technologies shares last traded at GBX 136.50 ($1.73), with a volume of 84,046 shares trading hands.

Concurrent Technologies Trading Up 0.2 %

The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54. The company has a market cap of £117.10 million, a P/E ratio of 2,275.00 and a beta of 0.69. The firm’s 50 day moving average is GBX 128.75 and its two-hundred day moving average is GBX 118.24.

Concurrent Technologies Company Profile

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.