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

CyanConnode Holdings plc (LON:CYANGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 9.23 ($0.12) and traded as low as GBX 8.71 ($0.11). CyanConnode shares last traded at GBX 9 ($0.11), with a volume of 465,014 shares traded.

CyanConnode Stock Down 2.5 %

The company has a debt-to-equity ratio of 3.53, a quick ratio of 2.18 and a current ratio of 1.50. The stock has a 50-day moving average of GBX 10.30 and a two-hundred day moving average of GBX 9.23. The company has a market cap of £30.32 million, a P/E ratio of -872.20 and a beta of 1.60.

CyanConnode Company Profile

(Get Free Report)

CyanConnode Holdings plc engages in the design, development, and sale of narrowband radio frequency (RF) mesh and cellular networks that enable Omni Internet of Things (IoT) communications in the United Kingdom, India, Thailand, rest of Europe, the United Arab Emirates, and internationally. It offers wireless communication technology for smart electricity, gas, and water metering; lighting control; and IoT.

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