Insider Buying: CyanConnode Holdings plc (LON:CYAN) Insider Acquires £2,999,045.50 in Stock

CyanConnode Holdings plc (LON:CYAN) insider John Cronin purchased 315,689 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was bought at an average price of GBX 950 ($12.72) per share, for a total transaction of £2,999,045.50 ($4,015,861.68).

CyanConnode Stock Up 5.5 %

Shares of CYAN stock opened at GBX 11.45 ($0.15) on Friday. The stock has a market cap of £39.80 million, a P/E ratio of -1,145.00 and a beta of 1.60. CyanConnode Holdings plc has a 52 week low of GBX 7 ($0.09) and a 52 week high of GBX 14.45 ($0.19). The company has a quick ratio of 2.18, a current ratio of 1.50 and a debt-to-equity ratio of 3.53. The company’s fifty day simple moving average is GBX 8.28 and its two-hundred day simple moving average is GBX 8.31.

About CyanConnode

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.