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Concurrent Technologies (LON:CNC) Stock Passes 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 stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 119.67 ($1.50) and traded as high as GBX 134.56 ($1.69). Concurrent Technologies shares last traded at GBX 132.17 ($1.66), with a volume of 288,141 shares trading hands.

Concurrent Technologies Stock Down 2.1 %

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 firm's 50 day moving average price is GBX 132.12 and its two-hundred day moving average price is GBX 119.79. The firm has a market cap of £113.19 million, a price-to-earnings ratio of 2,202.75 and a beta of 0.69.

About Concurrent Technologies

(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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