CyanConnode (LON:CYAN) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

CyanConnode Holdings plc (LON:CYANGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 11.09 ($0.14) and traded as high as GBX 13.13 ($0.17). CyanConnode shares last traded at GBX 12.82 ($0.17), with a volume of 372,226 shares changing hands.

CyanConnode Stock 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 company has a market capitalization of £44.78 million, a PE ratio of -9.54 and a beta of 1.60. The firm’s 50-day simple moving average is GBX 12.96 and its 200-day simple moving average is GBX 11.09.

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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