CyanConnode Holdings plc (LON:CYAN) shares hit a new 52-week high on Friday . The company traded as high as GBX 9.50 ($0.12) and last traded at GBX 8.85 ($0.12), with a volume of 1195403 shares changing hands. The stock had previously closed at GBX 8.35 ($0.11).
The business’s fifty day moving average is GBX 7.42 and its two-hundred day moving average is GBX 6.78. The company has a market cap of £16.53 million and a P/E ratio of -3.37. The company has a debt-to-equity ratio of 12.66, a quick ratio of 2.18 and a current ratio of 2.37.
About CyanConnode (LON:CYAN)
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, Finland, Sweden, rest of Europe, and internationally. It offers wireless communication technology for smart metering, lighting, and IoT.
Recommended Story: What is the Difference Between Common Shares and Convertible Shares?