Concurrent Technologies (LON:CNC) Shares Pass Above 200-Day Moving Average – Here’s Why

Posted by ABMN Staff on Jun 27th, 2026

Concurrent Technologies Plc (LON:CNC – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 237.85 and traded as high as GBX 265. Concurrent Technologies shares last traded at GBX 259.75, with a volume of 58,351 shares trading hands.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CNC shares. Berenberg Bank reissued a “buy” rating and set a GBX 275 target price on shares of Concurrent Technologies in a research report on Friday, May 1st. Stifel Nicolaus restated a “buy” rating and issued a GBX 250 price target on shares of Concurrent Technologies in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 262.50.

Check Out Our Latest Analysis on CNC

Concurrent Technologies Stock Performance

The stock has a market capitalization of £235.96 million, a PE ratio of 46.55 and a beta of 1.30. The business’s 50 day moving average is GBX 249.67 and its 200 day moving average is GBX 237.85. The company has a current ratio of 3.64, a quick ratio of 1.86 and a debt-to-equity ratio of 4.84.

Concurrent Technologies (LON:CNC – Get Free Report) last posted its quarterly earnings data on Monday, April 13th. The technology company reported GBX 5.86 earnings per share for the quarter. The company had revenue of GBX 4,587 million for the quarter. Concurrent Technologies had a net margin of 11.03% and a return on equity of 11.85%. On average, equities research analysts predict that Concurrent Technologies Plc will post 6.1015119 earnings per share for the current fiscal year.

About Concurrent Technologies

(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. The processor products feature Intel® processors, including the latest 9th generation embedded Intel® Core™ processors, Intel® Xeon® and Intel® Atom™ processors. The products are designed to be compliant with industry specifications and support many of today’s leading embedded Operating Systems.