CyanConnode (LON:CYAN) Hits New 1-Year High – Here’s Why

CyanConnode Holdings plc (LON:CYANGet Free Report) shares reached a new 52-week high on Friday . The stock traded as high as GBX 9.90 and last traded at GBX 9.78, with a volume of 6301751 shares traded. The stock had previously closed at GBX 9.80.

CyanConnode Stock Down 0.2%

The company’s 50 day moving average price is GBX 8.57 and its two-hundred day moving average price is GBX 8.19. The company has a current ratio of 1.61, a quick ratio of 2.17 and a debt-to-equity ratio of 171.63. The firm has a market cap of £34.43 million, a PE ratio of -7.41 and a beta of 1.08.

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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