CyanConnode (LON:CYAN) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

CyanConnode Holdings plc (LON:CYANGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.36 and traded as high as GBX 8. CyanConnode shares last traded at GBX 7.75, with a volume of 15,685,505 shares.

CyanConnode Price Performance

The stock has a market capitalization of £27.28 million, a price-to-earnings ratio of -5.87 and a beta of 1.11. The company has a quick ratio of 2.18, a current ratio of 1.61 and a debt-to-equity ratio of 171.63. The business has a 50-day simple moving average of GBX 8.11 and a two-hundred day simple moving average of GBX 7.36.

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.

Further Reading

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