CyanConnode (LON:CYAN) Stock Price Breaks Below Two Hundred Day Moving Average – Here’s What Happened

Shares of CyanConnode Holdings plc (LON:CYAN – Get Free Report) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 7.43 and traded as low as GBX 0.70. CyanConnode shares last traded at GBX 0.70, with a volume of 1,972 shares changing hands.

CyanConnode Trading Up 2.0%

The stock’s fifty day moving average price is GBX 5.81 and its 200 day moving average price is GBX 7.43. The stock has a market cap of £2.46 million, a P/E ratio of -0.53 and a beta of 1.06. The company has a current ratio of 1.14, a quick ratio of 2.17 and a debt-to-equity ratio of 47.01.

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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