CyanConnode (LON:CYAN) Share Price Passes Below 200 Day Moving Average of $16.70

CyanConnode Holdings plc (LON:CYANGet Rating)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 16.70 ($0.21) and traded as low as GBX 16.14 ($0.20). CyanConnode shares last traded at GBX 16.25 ($0.20), with a volume of 477,749 shares changing hands.

CyanConnode Stock Down 1.5 %

The business’s fifty day moving average price is GBX 17.25 and its 200 day moving average price is GBX 16.70. The company has a market capitalization of £44.12 million, a P/E ratio of -1,625.00 and a beta of 1.95. The company has a current ratio of 2.25, a quick ratio of 2.18 and a debt-to-equity ratio of 9.66.

CyanConnode Company Profile

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CyanConnode Holdings plc engages in the design, development, and sale of Narrowband radio frequency (RF) mesh networks that enable Omni Internet of Things (IoT) communications in the United Kingdom, India, Thailand, rest of Europe, and internationally. It offers wireless communication technology for smart electricity, gas, and water metering; lighting control; and IoT.

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