Concurrent Technologies (LON:CNC) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Concurrent Technologies Plc (LON:CNCGet Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 128.42 ($1.60) and traded as high as GBX 186 ($2.32). Concurrent Technologies shares last traded at GBX 186 ($2.32), with a volume of 43,775 shares changing hands.

Concurrent Technologies Price Performance

The business’s 50-day moving average price is GBX 145.07 and its 200 day moving average price is GBX 128.42. The stock has a market capitalization of £159.29 million, a PE ratio of 3,100.00 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.

Concurrent Technologies Company Profile

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Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high-performance, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments.

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