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Concurrent Technologies (LON:CNC) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

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Concurrent Technologies Plc (LON:CNC - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 144.94 ($1.88) and traded as high as GBX 167.98 ($2.17). Concurrent Technologies shares last traded at GBX 167.64 ($2.17), with a volume of 214,887 shares.

Concurrent Technologies Stock Up 1.6 %

The firm has a 50-day moving average price of GBX 176.32 and a two-hundred day moving average price of GBX 145.77. The firm has a market cap of £149.29 million, a price-to-earnings ratio of 29.55 and a beta of 0.69. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.86 and a current ratio of 5.11.

Insiders Place Their Bets

In other Concurrent Technologies news, insider Brent Salgat sold 10,000 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of GBX 166 ($2.15), for a total value of £16,600 ($21,485.89). 8.96% of the stock is owned by corporate 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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