CyanConnode (LON:CYAN) Trading 10.3% Higher – Here’s What Happened

Shares of CyanConnode Holdings plc (LON:CYANGet Free Report) were up 10.3% on Saturday . The stock traded as high as GBX 14.07 ($0.17) and last traded at GBX 14.06 ($0.17). Approximately 3,543,603 shares were traded during trading, an increase of 197% from the average daily volume of 1,194,356 shares. The stock had previously closed at GBX 12.75 ($0.16).

CyanConnode Price Performance

The company has a 50 day moving average of GBX 9.97 and a two-hundred day moving average of GBX 9.76. The firm has a market cap of £48.87 million, a P/E ratio of -1,406.00 and a beta of 1.60. The company has a quick ratio of 2.18, a current ratio of 1.50 and a debt-to-equity ratio of 3.53.

About CyanConnode

(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.

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