CyanConnode (LON:CYAN) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of CyanConnode Holdings plc (LON:CYANGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7.09 and traded as low as GBX 6.10. CyanConnode shares last traded at GBX 6.10, with a volume of 170,026 shares.

CyanConnode Stock Performance

The company has a quick ratio of 2.18, a current ratio of 1.50 and a debt-to-equity ratio of 3.53. The business has a 50 day moving average price of GBX 6.87 and a two-hundred day moving average price of GBX 7.09. The stock has a market cap of £22.81 million, a P/E ratio of -4.91 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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