CyanConnode (LON:CYAN) Reaches New 1-Year High – Still a Buy?

Shares of CyanConnode Holdings plc (LON:CYANGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as GBX 9.90 and last traded at GBX 9.87, with a volume of 2804775 shares trading hands. The stock had previously closed at GBX 9.85.

CyanConnode Stock Up 0.2%

The business’s fifty day moving average price is GBX 8.78 and its 200 day moving average price is GBX 8.41. The firm has a market capitalization of £34.76 million, a price-to-earnings ratio of -7.48 and a beta of 1.06. The company has a current ratio of 1.61, a quick ratio of 2.17 and a debt-to-equity ratio of 171.63.

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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