Concurrent Technologies (LON:CNC) Stock Passes Above 200-Day Moving Average – What’s Next?

Shares of Concurrent Technologies Plc (LON:CNCGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 140.75 ($1.82) and traded as high as GBX 178.91 ($2.31). Concurrent Technologies shares last traded at GBX 178.91 ($2.31), with a volume of 100,658 shares.

Concurrent Technologies Stock Performance

The company has a market capitalization of £154.57 million, a PE ratio of 30.59 and a beta of 0.69. The company has a 50 day moving average of GBX 167.63 and a two-hundred day moving average of GBX 140.90. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86.

Insider Transactions at Concurrent Technologies

In other news, insider Brent Salgat sold 10,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of GBX 166 ($2.14), for a total value of £16,600 ($21,449.80). Insiders own 8.96% of the company’s stock.

Concurrent Technologies Company Profile

(Get Free Report)

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.

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