CyanConnode (LON:CYAN) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of CyanConnode Holdings plc (LON:CYANGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 11.26 ($0.15) and traded as high as GBX 12.95 ($0.17). CyanConnode shares last traded at GBX 12.51 ($0.16), with a volume of 570,657 shares trading hands.

CyanConnode Price Performance

The company has a 50 day moving average of GBX 13.11 and a 200 day moving average of GBX 11.28. The company has a current ratio of 1.50, a quick ratio of 2.18 and a debt-to-equity ratio of 3.53. The firm has a market cap of £43.71 million, a price-to-earnings ratio of -9.32 and a beta of 1.60.

About CyanConnode

(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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