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Concurrent Technologies ( (GB:CNC) ) has provided an update.
Concurrent Technologies PLC has announced the issuance of 41,342 new ordinary shares following the exercise of options by employees under the company’s Long Term Incentive Plan. This move, which is set to commence trading on AIM on 11 July 2025, will bring the total number of ordinary shares with voting rights to 86,471,669. This development is significant for shareholders as it impacts the calculation of their interests under the FCA’s Disclosure Guidance and Transparency Rules.
Spark’s Take on GB:CNC Stock
According to Spark, TipRanks’ AI Analyst, GB:CNC is a Outperform.
Concurrent Technologies shows strong financial performance and positive corporate events, which are the most significant factors contributing to its score. Technical analysis indicates moderate bullish momentum, while valuation remains a concern due to a high P/E ratio and low dividend yield.
To see Spark’s full report on GB:CNC stock, click here.
More about Concurrent Technologies
Concurrent Technologies Plc develops and manufactures high-end embedded Plug In Cards and Systems for use in telecommunications, defense, security, telemetry, scientific, and aerospace markets. Their products, featuring Intel processors, are designed for high-performance, long life cycle applications and are compliant with industry specifications, supporting leading embedded operating systems. The company sells its products worldwide.
Average Trading Volume: 229,876
Technical Sentiment Signal: Buy
Current Market Cap: £172.9M
For detailed information about CNC stock, go to TipRanks’ Stock Analysis page.