Concurrent Technologies Plc (LON:CNC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 148.35 ($1.96) and traded as high as GBX 159.44 ($2.11). Concurrent Technologies shares last traded at GBX 156.97 ($2.08), with a volume of 366,055 shares trading hands.
Concurrent Technologies Stock Performance
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 company has a market capitalization of £137.16 million, a price-to-earnings ratio of 27.14 and a beta of 0.69. The stock has a 50-day moving average price of GBX 169.70 and a 200-day moving average price of GBX 149.42.
Concurrent Technologies (LON:CNC - Get Free Report) last released its quarterly earnings results on Monday, April 14th. The technology company reported GBX 5.49 ($0.07) earnings per share for the quarter. Concurrent Technologies had a net margin of 13.89% and a return on equity of 13.89%. As a group, analysts forecast that Concurrent Technologies Plc will post 6.1015119 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Brent Salgat sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of GBX 166 ($2.20), for a total value of £16,600 ($21,969.30). Corporate insiders own 8.96% of the company's stock.
About Concurrent Technologies
(
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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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