Concurrent Technologies (LON:CNC) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Concurrent Technologies Plc (LON:CNC)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 198.53 and traded as high as GBX 242. Concurrent Technologies shares last traded at GBX 236, with a volume of 752,197 shares.

Concurrent Technologies Stock Down 0.4%

The firm’s 50-day moving average price is GBX 215.34 and its 200 day moving average price is GBX 198.53. The firm has a market cap of £204.94 million, a P/E ratio of 44.97 and a beta of 0.69. The company has a quick ratio of 1.86, a current ratio of 5.11 and a debt-to-equity ratio of 1.54.

Concurrent Technologies (LON:CNC) last released its quarterly earnings results 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%. As a group, research analysts expect that Concurrent Technologies Plc will post 6.1015119 earnings per share 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.