CyanConnode (LON:CYAN) Stock Passes Above 50-Day Moving Average – Time to Sell?

Shares of CyanConnode Holdings plc (LON:CYANGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 8.26 and traded as high as GBX 8.30. CyanConnode shares last traded at GBX 8.30, with a volume of 999,434 shares changing hands.

CyanConnode Stock Down 1.2%

The company has a quick ratio of 2.17, a current ratio of 1.61 and a debt-to-equity ratio of 171.63. The stock’s 50-day simple moving average is GBX 8.26 and its 200 day simple moving average is GBX 7.95. The firm has a market cap of £29.22 million, a P/E ratio of -6.29 and a beta of 1.08.

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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