Concurrent Technologies (LON:CNC) Hits New 1-Year High – Still a Buy?

Concurrent Technologies Plc (LON:CNCGet Free Report)’s stock 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 changing hands. The stock had previously closed at GBX 171.25 ($2.14).

Concurrent Technologies Trading Up 2.9 %

The stock’s 50-day simple moving average is GBX 142.98 and its 200-day simple moving average is GBX 126.55. 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 firm has a market capitalization of £152.44 million, a PE ratio of 2,966.67 and a beta of 0.69.

About Concurrent Technologies

(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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