CyanConnode (LON:CYAN) Shares Cross Below 200-Day Moving Average – Time to Sell?

CyanConnode Holdings plc (LON:CYANGet Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 7.03 and traded as low as GBX 6.11. CyanConnode shares last traded at GBX 6.50, with a volume of 1,196,267 shares.

CyanConnode Stock Up 3.7%

The firm’s 50-day moving average price is GBX 6.91 and its 200 day moving average price is GBX 7.03. The company has a market capitalization of £24.64 million, a price-to-earnings ratio of -5.30 and a beta of 1.60. The company has a current ratio of 1.50, a quick ratio of 2.18 and a debt-to-equity ratio of 3.53.

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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