Key Points
- Insider sale: Brent Salgat sold 69,445 shares on December 8 at an average price of GBX 217, for a total of £150,695.65.
- Stock look: Shares opened at GBX 232.50 (up ~1.5%), with a market cap of £201.67m, a P/E of 44.12, a 1‑year range of GBX 128.06–268, and 50/200‑day SMAs of GBX 234.93/208.96.
- Business & results: Concurrent Technologies makes high‑end embedded computer products for telecoms, defence and aerospace; last quarter EPS was GBX 2.78 with ROE/net margin of 13.89%, and analysts forecast FY EPS of ~6.10.
Concurrent Technologies Plc (LON:CNC - Get Free Report) insider Brent Salgat sold 69,445 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of GBX 217, for a total transaction of £150,695.65.
Concurrent Technologies Trading Up 1.5%
Shares of CNC opened at GBX 232.50 on Thursday. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.11 and a quick ratio of 1.86. Concurrent Technologies Plc has a 1-year low of GBX 128.06 and a 1-year high of GBX 268. The stock has a market cap of £201.67 million, a price-to-earnings ratio of 44.12 and a beta of 0.69. The firm has a 50 day simple moving average of GBX 234.93 and a 200-day simple moving average of GBX 208.96.
Concurrent Technologies (LON:CNC - Get Free Report) last announced its earnings results on Monday, September 8th. The technology company reported GBX 2.78 EPS for the quarter. Concurrent Technologies had a return on equity of 13.89% and a net margin of 13.89%. Equities analysts forecast that Concurrent Technologies Plc will post 6.1015119 EPS for the current fiscal year.
About Concurrent Technologies
(
Get Free Report)
Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high-performance, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
