CyanConnode (LON:CYAN) Shares Cross Below 200 Day Moving Average – Should You Sell?

CyanConnode Holdings plc (LON:CYANGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 9.32 ($0.11) and traded as low as GBX 8.60 ($0.11). CyanConnode shares last traded at GBX 8.60 ($0.11), with a volume of 600,537 shares changing hands.

CyanConnode Stock Up 2.2 %

The firm has a market capitalization of £32.50 million, a P/E ratio of -935.00 and a beta of 1.60. The firm’s 50 day moving average is GBX 9.48 and its two-hundred day moving average is GBX 9.32. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.50 and a quick ratio of 2.18.

CyanConnode Company Profile

(Get Free Report)

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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