CyanConnode (LON:CYAN) Shares Cross Above Fifty Day Moving Average – Here’s Why

CyanConnode Holdings plc (LON:CYANGet Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 7.94 and traded as high as GBX 8.90. CyanConnode shares last traded at GBX 8.82, with a volume of 416,917 shares trading hands.

CyanConnode Trading Down 1.7%

The stock has a market cap of £30.12 million, a price-to-earnings ratio of -6.48 and a beta of 1.07. The company has a debt-to-equity ratio of 171.63, a quick ratio of 2.18 and a current ratio of 1.61. The company’s 50 day simple moving average is GBX 7.94 and its two-hundred day simple moving average is GBX 7.56.

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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