Concurrent Technologies (LON:CNC) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Concurrent Technologies Plc (LON:CNC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 108.48 ($1.41) and traded as high as GBX 123.40 ($1.60). Concurrent Technologies shares last traded at GBX 118.50 ($1.54), with a volume of 207,156 shares changing hands.

Concurrent Technologies Price Performance

The company has a market cap of £101.83 million, a P/E ratio of 1,975.00 and a beta of 0.69. The company has a fifty day simple moving average of GBX 118.38 and a 200-day simple moving average of GBX 108.48. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86.

Concurrent Technologies Company Profile

Concurrent Technologies Plc, together with its subsidiaries, designs, develops, manufactures, and markets single board computers for system integrators and original equipment manufacturers in the United Kingdom, the United States, Malaysia, rest of Europe, and internationally. It offers VPX, AMC, VME, CompactPCI, XMC, software, and accessories products.