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Concurrent Technologies (LON:CNC) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Concurrent Technologies logo with Computer and Technology background

Concurrent Technologies Plc (LON:CNC - Get Free Report)'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 131.39 ($1.62) and traded as high as GBX 185.80 ($2.30). Concurrent Technologies shares last traded at GBX 184 ($2.27), with a volume of 997,166 shares changing hands.

Concurrent Technologies Price Performance

The company has a 50-day moving average of GBX 150.65 and a two-hundred day moving average of GBX 132.30. 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 £157.26 million, a PE ratio of 3,060.43 and a beta of 0.69.

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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