CyanConnode (LON:CYAN) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

CyanConnode Holdings plc (LON:CYAN – Get Free Report) passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 8.06 and traded as low as GBX 0.42. CyanConnode shares last traded at GBX 0.42, with a volume of 2,501 shares traded.

CyanConnode Trading Down 10.5%

The company has a current ratio of 1.61, a quick ratio of 2.17 and a debt-to-equity ratio of 171.63. The stock has a market cap of £1.32 million, a P/E ratio of -0.28 and a beta of 1.06. The business’s fifty day simple moving average is GBX 7.75 and its 200 day simple moving average is GBX 8.

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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