CyanConnode (LON:CYAN) Hits New 52-Week Low – What’s Next?

CyanConnode Holdings plc (LON:CYANGet Free Report)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 5.75 and last traded at GBX 5.87, with a volume of 428153 shares traded. The stock had previously closed at GBX 5.88.

CyanConnode Trading Up 8.9%

The company has a market capitalization of £22.52 million, a price-to-earnings ratio of -5.47 and a beta of 1.60. The business’s 50 day moving average price is GBX 6.59 and its two-hundred day moving average price is GBX 7.35. The company has a debt-to-equity ratio of 3.53, a quick ratio of 2.18 and a current ratio of 1.50.

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.

Further Reading

Receive News & Ratings for CyanConnode Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyanConnode and related companies with MarketBeat.com's FREE daily email newsletter.