CyanConnode (LON:CYAN) Shares Pass Above 200-Day Moving Average – Here’s What Happened

CyanConnode Holdings plc (LON:CYANGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 10.89 ($0.14) and traded as high as GBX 12.95 ($0.17). CyanConnode shares last traded at GBX 12.50 ($0.16), with a volume of 660,714 shares traded.

CyanConnode Price Performance

The company has a debt-to-equity ratio of 3.53, a current ratio of 1.50 and a quick ratio of 2.18. The stock has a 50 day moving average price of GBX 12.51 and a 200-day moving average price of GBX 10.89. The stock has a market capitalization of £43.68 million, a price-to-earnings ratio of -9.31 and a beta of 1.60.

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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