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Concurrent Technologies (LON:CNC) Share Price Crosses 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 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 106.50 ($1.39) and traded as high as GBX 113 ($1.48). Concurrent Technologies shares last traded at GBX 112.50 ($1.47), with a volume of 1,042,261 shares trading hands.

Concurrent Technologies Trading Up 4.2 %

The company has a market capitalization of £96.35 million, a P/E ratio of 1,875.00 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. The stock has a fifty day moving average of GBX 117.86 and a 200 day moving average of GBX 106.68.

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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