CyanConnode (LON:CYAN) Shares Down 3.3% – Should You Sell?

CyanConnode Holdings plc (LON:CYAN)’s stock price was down 3.3% during mid-day trading on Thursday . The company traded as low as GBX 7.26 ($0.10) and last traded at GBX 7.26 ($0.10). Approximately 420,976 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 675,413 shares. The stock had previously closed at GBX 7.50 ($0.10).

CyanConnode Stock Down 2.8%

The business’s 50 day moving average price is GBX 7.77 and its 200-day moving average price is GBX 9.98. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.50 and a quick ratio of 2.18. The company has a market cap of £24.63 million, a P/E ratio of -5.25 and a beta of 1.60.

CyanConnode (LON:CYAN) last posted its earnings results on Wednesday, July 23rd. The company reported GBX (1.17) earnings per share (EPS) for the quarter. CyanConnode had a negative net margin of 20.45% and a negative return on equity of 28.94%. On average, analysts anticipate that CyanConnode Holdings plc will post 0.4746032 earnings per share for the current fiscal year.

CyanConnode Company Profile

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.