CyanConnode (LON:CYAN) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

CyanConnode Holdings plc (LON:CYANGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.59 and traded as low as GBX 0.51. CyanConnode shares last traded at GBX 0.51, with a volume of 6,617 shares trading hands.

CyanConnode Stock Performance

The business’s fifty day moving average price is GBX 9.20 and its 200-day moving average price is GBX 8.53. The company has a debt-to-equity ratio of 171.63, a quick ratio of 2.17 and a current ratio of 1.61. The stock has a market cap of £1.60 million, a PE ratio of -0.34 and a beta of 1.06.

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.

Further Reading

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