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Concurrent Technologies ( (GB:CNC) ) has provided an update.
Concurrent Technologies PLC has announced the issuance of 29,412 new ordinary shares to satisfy employee options under its Long Term Incentive Plan, with trading on AIM expected to commence on 12 May 2025. This move increases the total number of voting shares to 86,364,740, impacting shareholder calculations under FCA’s rules and demonstrating the company’s commitment to incentivizing its workforce.
Spark’s Take on GB:CNC Stock
According to Spark, TipRanks’ AI Analyst, GB:CNC is a Outperform.
Concurrent Technologies has a strong financial foundation with impressive revenue growth and profitability. Technical indicators signal a bullish trend, although the stock may be overvalued based on its P/E ratio. Recent corporate events, including expansion and product launches, position the company well for future growth.
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 a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets. Their products, featuring Intel processors, are designed for harsh environments and comply with industry specifications, supporting leading embedded operating systems. They are sold worldwide.
Average Trading Volume: 316,469
Technical Sentiment Signal: Buy
Current Market Cap: £156.7M
See more insights into CNC stock on TipRanks’ Stock Analysis page.