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Concurrent Technologies (LON:CNC) Shares Pass Above 200-Day Moving Average - Time to Sell?

Concurrent Technologies logo with Computer and Technology background

Shares of Concurrent Technologies Plc (LON:CNC - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 113.33 ($1.43) and traded as high as GBX 146.50 ($1.85). Concurrent Technologies shares last traded at GBX 145 ($1.83), with a volume of 198,047 shares trading hands.

Concurrent Technologies Trading Down 2.8 %

The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.86 and a current ratio of 5.11. The company has a market cap of £120.75 million, a P/E ratio of 2,390.33 and a beta of 0.69. The stock has a 50-day moving average of GBX 120.06 and a two-hundred day moving average of GBX 113.33.

Concurrent Technologies Company Profile

(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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