CyanConnode (LON:CYAN) Shares Pass Below 200 Day Moving Average – Here’s Why

CyanConnode Holdings plc (LON:CYANGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 7.28 and traded as low as GBX 7.25. CyanConnode shares last traded at GBX 7.26, with a volume of 402,043 shares traded.

CyanConnode Trading Down 0.1%

The company has a market capitalization of £25.51 million, a P/E ratio of -6.20 and a beta of 1.60. The business has a 50 day moving average price of GBX 6.68 and a 200 day moving average price of GBX 7.28. The company has a current ratio of 1.50, a quick ratio of 2.18 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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