Concurrent Technologies (LON:CNC) Hits New 52-Week High – Here’s Why

Concurrent Technologies Plc (LON:CNCGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 155.80 ($1.91) and last traded at GBX 154.75 ($1.89), with a volume of 854970 shares trading hands. The stock had previously closed at GBX 138.50 ($1.70).

Concurrent Technologies Stock Up 11.7 %

The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.86 and a current ratio of 5.11. The stock’s 50 day simple moving average is GBX 138.72 and its 200 day simple moving average is GBX 124.03. The firm has a market cap of £132.53 million, a P/E ratio of 2,579.17 and a beta of 0.69.

Concurrent Technologies Company Profile

(Get Free Report)

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high-performance, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments.

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