Concurrent Technologies Plc (LON:CNC – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 138.51 ($1.75) and traded as high as GBX 166.95 ($2.10). Concurrent Technologies shares last traded at GBX 163 ($2.05), with a volume of 323,137 shares.
Concurrent Technologies Trading Up 1.8 %
The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54. The company’s 50-day moving average is GBX 162.58 and its 200 day moving average is GBX 138.51. The company has a market cap of £143.42 million, a price-to-earnings ratio of 28.38 and a beta of 0.69.
Insider Activity
In other news, insider Brent Salgat sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of GBX 166 ($2.09), for a total transaction of £16,600 ($20,922.61). Insiders own 8.96% of the company’s stock.
Concurrent Technologies Company Profile
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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