Concurrent Technologies (LON:CNC) Stock Passes Above Two Hundred Day Moving Average of $88.23

Concurrent Technologies Plc (LON:CNCGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 88.23 ($1.12) and traded as high as GBX 103 ($1.31). Concurrent Technologies shares last traded at GBX 102.50 ($1.31), with a volume of 49,215 shares.

Concurrent Technologies Stock Performance

The stock has a market capitalization of £86.50 million, a price-to-earnings ratio of 2,020.00 and a beta of 0.66. The company has a debt-to-equity ratio of 2.83, a current ratio of 3.20 and a quick ratio of 1.86. The business’s 50-day simple moving average is GBX 97.80 and its two-hundred day simple moving average is GBX 88.50.

Concurrent Technologies Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 27th will be paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a dividend yield of 1.01%. Concurrent Technologies’s dividend payout ratio is currently 2,000.00%.

Concurrent Technologies Company Profile

(Get Free Report)

Concurrent Technologies Plc, together with its subsidiaries, designs, develops, manufactures, and markets single board computers for system integrators and original equipment manufacturers in the United Kingdom, the United States, Malaysia, rest of Europe, and internationally. It offers VPX, AMC, VME, CompactPCI, XMC, software, and accessories products.

Further Reading

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