CyanConnode (LON:CYAN) Reaches New 1-Year Low – Should You Sell?

CyanConnode Holdings plc (LON:CYANGet Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 6 and last traded at GBX 6.18, with a volume of 267238 shares traded. The stock had previously closed at GBX 6.25.

CyanConnode Price Performance

The stock has a market capitalization of £22.27 million, a price-to-earnings ratio of -5.41 and a beta of 1.60. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.50 and a quick ratio of 2.18. The company has a 50-day simple moving average of GBX 6.84 and a two-hundred day simple moving average of GBX 7.56.

About CyanConnode

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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.

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