CyanConnode (LON:CYAN) Stock Passes Below 200 Day Moving Average – What’s Next?

CyanConnode Holdings plc (LON:CYANGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 7.85 and traded as low as GBX 7.66. CyanConnode shares last traded at GBX 7.75, with a volume of 431,301 shares changing hands.

CyanConnode Stock Down 1.3%

The stock has a market cap of £27.46 million, a P/E ratio of -5.91 and a beta of 1.02. The company has a current ratio of 1.61, a quick ratio of 2.17 and a debt-to-equity ratio of 171.63. The firm’s fifty day moving average is GBX 8.24 and its 200 day moving average is GBX 7.85.

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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