Concurrent Technologies (LON:CNC) Stock Price Crosses Above 200-Day Moving Average of $90.69

Shares of Concurrent Technologies Plc (LON:CNC) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 90.69 ($1.15) and traded as high as GBX 104.97 ($1.33). Concurrent Technologies shares last traded at GBX 103.50 ($1.31), with a volume of 88,774 shares trading hands.

Concurrent Technologies Trading Down 0.5 %

The company has a quick ratio of 1.86, a current ratio of 3.20 and a debt-to-equity ratio of 2.83. The firm’s 50 day simple moving average is GBX 101.24 and its two-hundred day simple moving average is GBX 90.69. The stock has a market cap of £88.64 million, a P/E ratio of 2,070.00 and a beta of 0.66.

Concurrent Technologies Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 12th. Shareholders of record on Thursday, June 27th will be paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date is Thursday, June 27th. This represents a yield of 1.01%. Concurrent Technologies’s payout ratio is 2,000.00%.

About Concurrent Technologies

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.