Concurrent Technologies (LON:CNC) Posts Earnings Results

Concurrent Technologies (LON:CNC) released its quarterly earnings results on Monday. The technology company reported GBX 5.49 ($0.07) EPS for the quarter, Digital Look Earnings reports. Concurrent Technologies had a return on equity of 13.89% and a net margin of 13.89%.

Concurrent Technologies Stock Performance

CNC stock opened at GBX 158.76 ($2.10) on Wednesday. Concurrent Technologies has a twelve month low of GBX 86.60 ($1.15) and a twelve month high of GBX 199.78 ($2.64). The firm has a market cap of £137.16 million, a price-to-earnings ratio of 27.14 and a beta of 0.69. The business’s fifty day simple moving average is GBX 169.70 and its two-hundred day simple moving average is GBX 149.42. The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54.

Insider Buying and Selling

In other Concurrent Technologies news, insider Brent Salgat sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of GBX 166 ($2.20), for a total transaction of £16,600 ($21,969.30). 8.96% of the stock is currently owned by insiders.

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.