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Concurrent Technologies (LON:CNC) Shares Pass Above 200-Day Moving Average - Here's What Happened

Concurrent Technologies logo with Computer and Technology background

Shares of Concurrent Technologies Plc (LON:CNC - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 109.63 ($1.42) and traded as high as GBX 116 ($1.50). Concurrent Technologies shares last traded at GBX 116 ($1.50), with a volume of 219,555 shares trading hands.

Concurrent Technologies Stock Up 9.1 %

The firm's 50 day moving average is GBX 117.80 and its two-hundred day moving average is GBX 109.63. The company has a current ratio of 5.11, a quick ratio of 1.86 and a debt-to-equity ratio of 1.54. The stock has a market cap of £108.33 million, a price-to-earnings ratio of 1,933.33 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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