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

Concurrent Technologies Plc (LON:CNCGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 174.96 ($2.18) and last traded at GBX 170 ($2.12), with a volume of 1335722 shares traded. The stock had previously closed at GBX 171.25 ($2.14).

Concurrent Technologies Trading Up 2.9 %

The stock has a 50-day moving average of GBX 142.98 and a two-hundred day moving average of GBX 126.55. The company has a market cap of £152.44 million, a P/E ratio of 2,966.67 and a beta of 0.69. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.86 and a current ratio of 5.11.

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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