CyanConnode Holdings plc (LON:CYAN – Get Free Report) was up 16.2% during trading on Thursday . The stock traded as high as GBX 10.79 ($0.13) and last traded at GBX 10.63 ($0.13). Approximately 3,056,291 shares changed hands during trading, an increase of 271% from the average daily volume of 824,161 shares. The stock had previously closed at GBX 9.15 ($0.11).
CyanConnode Price Performance
The business has a 50-day moving average price of GBX 9.43 and a two-hundred day moving average price of GBX 9.36. The company has a quick ratio of 2.18, a current ratio of 1.50 and a debt-to-equity ratio of 3.53. The company has a market capitalization of £40.49 million, a price-to-earnings ratio of -1,165.00 and a beta of 1.60.
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.
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