CyanConnode (LON:CYAN) Reaches New 12-Month High – Still a Buy?

Shares of CyanConnode Holdings plc (LON:CYANGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 9.96 and last traded at GBX 9.91, with a volume of 3975112 shares. The stock had previously closed at GBX 9.88.

CyanConnode Price Performance

The firm has a market cap of £34.89 million, a PE ratio of -7.51 and a beta of 1.06. The company has a debt-to-equity ratio of 171.63, a current ratio of 1.61 and a quick ratio of 2.17. The firm has a 50-day simple moving average of GBX 8.87 and a 200 day simple moving average of GBX 8.47.

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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