Concurrent Technologies (LON:CNC) Stock Crosses Above 200-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 167.27 ($2.27) and traded as high as GBX 214 ($2.90). Concurrent Technologies shares last traded at GBX 212.85 ($2.88), with a volume of 942,875 shares.

Concurrent Technologies Trading Down 0.2%

The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86. The company has a market capitalization of £183.89 million, a P/E ratio of 36.39 and a beta of 0.69. The firm has a fifty day moving average price of GBX 180.14 and a 200-day moving average price of GBX 167.27.

Concurrent Technologies (LON:CNC) last announced its quarterly earnings data on Monday, April 14th. The technology company reported GBX 5.49 ($0.07) earnings per share (EPS) for the quarter. Concurrent Technologies had a return on equity of 13.89% and a net margin of 13.89%. On average, equities research analysts anticipate 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.