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

CyanConnode Holdings plc (LON:CYANGet Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 9.90 and last traded at GBX 9.90, with a volume of 1547494 shares changing hands. The stock had previously closed at GBX 9.86.

CyanConnode Price Performance

The firm has a market capitalization of £34.85 million, a P/E ratio of -7.50 and a beta of 1.06. The stock’s 50 day simple moving average is GBX 8.71 and its 200 day simple moving average is GBX 8.33. The company has a debt-to-equity ratio of 171.63, a quick ratio of 2.17 and a current ratio of 1.61.

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.

Further Reading

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