Concurrent Technologies Plc (LON:CNC – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 116.90 ($1.52) and last traded at GBX 116 ($1.50), with a volume of 502140 shares. The stock had previously closed at GBX 112 ($1.45).
Concurrent Technologies Price Performance
The firm has a market capitalization of £99.96 million, a P/E ratio of 2,335.16 and a beta of 0.66. The company has a debt-to-equity ratio of 2.83, a current ratio of 3.20 and a quick ratio of 1.86. The stock’s fifty day simple moving average is GBX 103.19 and its 200 day simple moving average is GBX 93.53.
Concurrent Technologies Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, July 12th. Shareholders of record on Thursday, June 27th were issued a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, June 27th. This represents a yield of 1.01%. Concurrent Technologies’s dividend payout ratio is presently 2,000.00%.
About Concurrent Technologies
Concurrent Technologies Plc, together with its subsidiaries, designs, develops, manufactures, and markets single board computers for system integrators and original equipment manufacturers in the United Kingdom, the United States, Malaysia, rest of Europe, and internationally. It offers VPX, AMC, VME, CompactPCI, XMC, software, and accessories products.
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