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Concurrent Technologies (LON:CNC) Posts Quarterly Earnings Results

Concurrent Technologies logo with Computer and Technology background

Concurrent Technologies (LON:CNC - Get Free Report) announced its quarterly earnings data on Monday. The technology company reported GBX 5.49 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Concurrent Technologies had a net margin of 13.89% and a return on equity of 13.89%.

Concurrent Technologies Trading Up 0.2 %

Shares of LON:CNC traded up GBX 0.29 ($0.00) on Friday, hitting GBX 159.29 ($2.12). 110,398 shares of the company's stock were exchanged, compared to its average volume of 411,413. The business's 50 day simple moving average is GBX 168.22 and its two-hundred day simple moving average is GBX 149.87. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86. The stock has a market capitalization of £137.62 million, a price-to-earnings ratio of 27.24 and a beta of 0.69. Concurrent Technologies has a 12 month low of GBX 87.55 ($1.16) and a 12 month high of GBX 199.78 ($2.66).

Insider Buying and Selling

In other news, insider Brent Salgat sold 10,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of GBX 166 ($2.21), for a total transaction of £16,600 ($22,071.53). 8.96% of the stock is currently owned by insiders.

About Concurrent Technologies

(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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