CyanConnode (LON:CYAN) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

CyanConnode Holdings plc (LON:CYANGet Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 7.25 and traded as low as GBX 7.15. CyanConnode shares last traded at GBX 7.29, with a volume of 517,573 shares changing hands.

CyanConnode Stock Performance

The company has a debt-to-equity ratio of 3.53, a current ratio of 1.50 and a quick ratio of 2.18. The company has a market cap of £25.65 million, a price-to-earnings ratio of -6.23 and a beta of 1.60. The firm has a 50 day simple moving average of GBX 6.71 and a 200-day simple moving average of GBX 7.25.

CyanConnode Company Profile

(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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