CyanConnode (LON:CYAN) Shares Pass Above 50-Day Moving Average – Here’s What Happened

CyanConnode Holdings plc (LON:CYANGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 8.26 and traded as high as GBX 8.30. CyanConnode shares last traded at GBX 8.30, with a volume of 999,434 shares.

CyanConnode Trading Down 1.2%

The business’s 50 day moving average price is GBX 8.26 and its two-hundred day moving average price is GBX 7.95. The company has a current ratio of 1.61, a quick ratio of 2.17 and a debt-to-equity ratio of 171.63. The company has a market capitalization of £29.22 million, a price-to-earnings ratio of -6.29 and a beta of 1.08.

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.

Featured Stories

Receive News & Ratings for CyanConnode Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyanConnode and related companies with MarketBeat.com's FREE daily email newsletter.