CyanConnode Holdings PLC (LON:CYAN)‘s stock had its “speculative buy” rating restated by analysts at Beaufort Securities in a report issued on Thursday. They currently have a GBX 0.60 ($0.01) price objective on the stock. Beaufort Securities’ target price would suggest a potential upside of 185.04% from the stock’s current price.

Shares of CyanConnode Holdings PLC (LON:CYAN) traded down 1.18% during mid-day trading on Thursday, hitting GBX 0.21. 13,344,753 shares of the company’s stock were exchanged. The company’s market capitalization is GBX 14.61 million. The firm has a 50 day moving average price of GBX 0.21 and a 200-day moving average price of GBX 0.20. CyanConnode Holdings PLC has a 52 week low of GBX 0.12 and a 52 week high of GBX 0.34.

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CyanConnode Holdings PLC Company Profile

CyanConnode is a world leader in narrowband RF mesh networks that enable Omni IoT communications. Cyan’s Ultimesh provides narrowband RF mesh network, optimised for exceptional performance and total cost of ownership and Connode’s Panmesh delivers standards-based IPv6 solutions, enabling rapid innovation for the implementation of 3rd party applications.

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