Concurrent Technologies (LON:CNC) Stock Price Up 7% – Still a Buy?

Posted by Donna Armstrong on Aug 28th, 2026

Concurrent Technologies Plc (LON:CNC – Get Free Report) shares shot up 7% during trading on Wednesday . The company traded as high as GBX 255 and last traded at GBX 246.13. Approximately 945,144 shares were traded during trading, an increase of 198% from the average daily volume of 316,730 shares. The stock had previously closed at GBX 230.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 275 price target on shares of Concurrent Technologies in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 262.50.

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Concurrent Technologies Stock Up 4.8%

The company has a current ratio of 3.64, a quick ratio of 1.86 and a debt-to-equity ratio of 4.84. The stock’s 50-day moving average is GBX 256.19 and its 200-day moving average is GBX 244.71. The company has a market cap of £238.01 million, a price-to-earnings ratio of 46.95 and a beta of 1.30.

About Concurrent Technologies

(Get Free Report)

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high-performance, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest 9th generation embedded Intel® Core™ processors, Intel® Xeon® and Intel® Atom™ processors. The products are designed to be compliant with industry specifications and support many of today’s leading embedded Operating Systems.