CyanConnode (LON:CYAN) Sets New 52-Week High – Here’s Why

CyanConnode Holdings plc (LON:CYANGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 14.90 ($0.19) and last traded at GBX 14.06 ($0.18), with a volume of 1550008 shares trading hands. The stock had previously closed at GBX 13.85 ($0.18).

CyanConnode Stock Up 1.5 %

The firm has a market capitalization of £49.11 million, a P/E ratio of -10.47 and a beta of 1.60. The company has a fifty day simple moving average of GBX 11.48 and a 200 day simple moving average of GBX 10.46. The company has a quick ratio of 2.18, a current ratio of 1.50 and a debt-to-equity ratio of 3.53.

CyanConnode Company Profile

(Get Free Report)

CyanConnode is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications. With a wealth of expertise and experience in smart technology, the Group provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency and save energy.

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