CyanConnode (LON:CYAN) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

CyanConnode Holdings plc (LON:CYANGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.19 and traded as low as GBX 6.06. CyanConnode shares last traded at GBX 6.50, with a volume of 192,026 shares traded.

CyanConnode Trading Up 2.4%

The stock has a market cap of £22.87 million, a P/E ratio of -5.56 and a beta of 1.60. The firm’s 50 day simple moving average is GBX 6.65 and its two-hundred day simple moving average is GBX 7.19. The company has a quick ratio of 2.18, a current ratio of 1.50 and a debt-to-equity ratio of 3.53.

CyanConnode Company Profile

(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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