Cyanconnode (LON:CYAN) Share Price Passes Below 200 Day Moving Average of $6.18

Cyanconnode Holdings PLC (LON:CYAN) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.18 and traded as low as $4.15. Cyanconnode shares last traded at $4.24, with a volume of 122,288 shares traded.

The business’s fifty day moving average is GBX 4.98 and its 200 day moving average is GBX 6.18. The firm has a market capitalization of $7.66 million and a P/E ratio of -0.98.

Cyanconnode Company Profile (LON:CYAN)

CyanConnode Holdings plc engages in the design, development, and sale of narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications in the United Kingdom and internationally. The company offers wireless communication technology for smart metering, lighting, and IoT. It provides Narrowband RF mesh technology that supports multi-application networks, enabling communication with any device, including gas, water, and electricity meters, as well as street lighting and traffic lights; Optimal narrowband mesh network for applications, such as smart metering in cities; Omnimesh, a standard-based IoT platform; and Omni IoT platform provides connectivity solutions.

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