Concurrent Technologies (CNC)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 102.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 104.00
  • 52 Week Low: 55.50
  • Currency: UK Pounds
  • Shares Issued: 86.17m
  • Volume: 38,771
  • Market Cap: £87.89m
  • RiskGrade: 174

Concurrent Technologies launches new plug-in card product

By Josh White

Date: Friday 25 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Embedded computer board company Concurrent Technologies announced the launch of a new plug-in card (PIC) on Friday.
The AIM-traded firm said the 'TR MAx/6sd-RCR' is based on the Intel Xeon D-1746TER chip, which was launched globally by Intel on Thursday.

It said the PIC would act as the high-performance server in sensor-based solutions used in electronic warfare and intelligence, surveillance and reconnaissance applications.

The higher-bandwidth communication interfaces on the PIC would enable the systems to collect and process "massive amounts" of data without compromising the system's size, weight and power (SWaP) metrics.

Concurrent said the new board was pre-loaded with security software which could be enhanced with the addition of Lockheed Martin's 'Hardened Security' platform.

The card was fully aligned to the US SOSA technical standard, allowing an upgrade path for current and future applications.

"As a Titanium IoT solutions partner with Intel, we are committed to bring innovative products to market coincident with their silicon launch," said chief executive officer Miles Adcock.

"This enables our customers to speed up their time to deployment with the creation of next generation sensor-based solutions for the defence markets."

At 1529 GMT, shares in Concurrent Technologies were up 2.57% at 77.44p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CNC Market Data

Currency UK Pounds
Share Price 102.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 104.00
52 Week Low 55.50
Volume 38,771
Shares Issued 86.17m
Market Cap £87.89m
RiskGrade 174

CNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.48% below the market average92.48% below the market average92.48% below the market average92.48% below the market average92.48% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
90.02% above the market average90.02% above the market average90.02% above the market average90.02% above the market average90.02% above the market average
76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average
Income
88.18% below the market average88.18% below the market average88.18% below the market average88.18% below the market average88.18% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
95.71% above the market average95.71% above the market average95.71% above the market average95.71% above the market average95.71% above the market average
92.00% above the sector average92.00% above the sector average92.00% above the sector average92.00% above the sector average92.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
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CNC Dividends

  Latest Previous
  Final Final
Ex-Div 27-Jun-24 n/a
Paid 12-Jul-24 n/a
Amount 1.00p 1.40p

Trades for 31-May-2024

Time Volume / Share Price
16:24 4,250 @ 101.88p
16:12 1,003 @ 101.12p
15:12 588 @ 101.90p
13:31 1,626 @ 101.96p
13:17 14 @ 102.90p

CNC Key Personnel

CFO Kim Garrod

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