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Concurrent Technologies (LON:CNC) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Concurrent Technologies logo with Computer and Technology background

Concurrent Technologies Plc (LON:CNC - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 118.24 ($1.49) and traded as high as GBX 138.39 ($1.75). Concurrent Technologies shares last traded at GBX 136.50 ($1.72), with a volume of 84,046 shares trading hands.

Concurrent Technologies Stock Performance

The stock has a market cap of £116.90 million, a price-to-earnings ratio of 2,282.68 and a beta of 0.69. The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54. The company has a 50 day simple moving average of GBX 129.19 and a 200 day simple moving average of GBX 118.37.

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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