CyanConnode (LON:CYAN) Shares Cross Above 200-Day Moving Average – Time to Sell?

CyanConnode Holdings plc (LON:CYAN)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 7.25 and traded as high as GBX 7.75. CyanConnode shares last traded at GBX 7.75, with a volume of 599,176 shares changing hands.

CyanConnode Trading Up 1.6%

The business has a 50-day simple moving average of GBX 8.16 and a 200-day simple moving average of GBX 7.25. The company has a market cap of £27.28 million, a PE ratio of -5.87 and a beta of 1.14. The company has a quick ratio of 2.18, a current ratio of 1.61 and a debt-to-equity ratio of 171.63.

CyanConnode Company Profile

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.