Concurrent Technologies (CNC)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

114.78p
   
  • Change Today:
    -2.22p
  • 52 Week High: 128.50p
  • 52 Week Low: 63.50p
  • Currency: UK Pounds
  • Shares Issued: 86.17m
  • Volume: 78,387
  • Market Cap: £98.90m
  • RiskGrade: 174

Concurrent Technologies refreshes brand identity

By Josh White

Date: Friday 20 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Concurrent Technologies, a designer and manufacturer of advanced computing products for high-performance markets, announced the launch of a new website and an updated corporate branding on Friday.
The AIM-traded firm said its revamped site and refreshed brand identity signified its strategic growth and evolving vision.

It said that over the last three years, it had enhanced its operations, expanded its market presence, and bolstered its team and company culture.

The updated branding, including the simplified name 'Concurrent', reflected its ongoing transformation and ambitions for the future, the board said.

Despite the changes, the official legal name would continue to be Concurrent Technologies plc.

"This rebrand is not just about our evolved name and a new logo - it's about redefining our purpose and what we stand for," said chief executive officer Miles Adcock.

"Our new brand and broader marketing efforts reflect our modern and ambitious culture, and act as a testament to our innovation, reliability, and exceptional service.

"It emphasises the expertise and dedication of Concurrent's incredible team, and our commitment to making our people the centrepiece of our story."

At 1231 BST, shares in Concurrent Technologies were down 0.64% at 116.75p.

Reporting by Josh White for Sharecast.com.

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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 114.78p
Change Today -2.22p
% Change -1.90 %
52 Week High 128.50p
52 Week Low 63.50p
Volume 78,387
Shares Issued 86.17m
Market Cap £98.90m
RiskGrade 174

CNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.45% below the market average96.45% below the market average96.45% below the market average96.45% below the market average96.45% 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
88.39% above the market average88.39% above the market average88.39% above the market average88.39% above the market average88.39% 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
Income
93.39% below the market average93.39% below the market average93.39% below the market average93.39% below the market average93.39% 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
96.07% above the market average96.07% above the market average96.07% above the market average96.07% above the market average96.07% above the market average
90.91% above the sector average90.91% above the sector average90.91% above the sector average90.91% above the sector average90.91% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

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 23-Oct-2024

Time Volume / Share Price
14:15 500 @ 114.03p
14:13 666 @ 114.20p
13:48 2,500 @ 114.17p
13:17 2,387 @ 114.26p
12:01 2,594 @ 115.45p

CNC Key Personnel

CFO Kim Garrod

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