CyanConnode (LON:CYAN) Stock Price Passes Below 200-Day Moving Average – Here’s Why

by · The Markets Daily

CyanConnode Holdings plc (LON:CYAN – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 7.03 and traded as low as GBX 6.11. CyanConnode shares last traded at GBX 6.50, with a volume of 1,196,267 shares trading hands.

CyanConnode Stock Up 1.9%

The stock has a fifty day moving average of GBX 6.92 and a 200 day moving average of GBX 7.02. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.50 and a quick ratio of 2.18. The firm has a market capitalization of £24.20 million, a P/E ratio of -5.21 and a beta of 1.60.

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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