CyanConnode (LON:CYAN) Shares Pass Below 200 Day Moving Average – Should You Sell?

CyanConnode Holdings plc (LON:CYANGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 9.32 ($0.11) and traded as low as GBX 8.60 ($0.11). CyanConnode shares last traded at GBX 8.60 ($0.11), with a volume of 600,537 shares traded.

CyanConnode Price Performance

The company has a current ratio of 1.50, a quick ratio of 2.18 and a debt-to-equity ratio of 3.53. The business has a 50-day moving average of GBX 9.54 and a 200 day moving average of GBX 9.32. The firm has a market capitalization of £29.89 million, a PE ratio of -860.00 and a beta of 1.60.

CyanConnode Company Profile

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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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