Concurrent Technologies (LON:CNC) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Concurrent Technologies Plc (LON:CNC) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 186.31 ($2.51) and traded as high as GBX 234 ($3.15). Concurrent Technologies shares last traded at GBX 232.97 ($3.14), with a volume of 364,237 shares traded.

Concurrent Technologies Stock Performance

The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.86 and a current ratio of 5.11. The stock has a market cap of £201.45 million, a P/E ratio of 4,497.49 and a beta of 0.69. The firm’s 50 day moving average is GBX 192.61 and its 200 day moving average is GBX 186.31.

Concurrent Technologies (LON:CNC) last posted its quarterly earnings data on Monday, September 8th. The technology company reported GBX 2.78 EPS for the quarter. Concurrent Technologies had a net margin of 13.89% and a return on equity of 13.89%. Analysts anticipate that Concurrent Technologies Plc will post 6.1015119 EPS for the current year.

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.