Concurrent Technologies (CNC)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

143.89p
   
  • Change Today:
      0.89p
  • 52 Week High: 148.50p
  • 52 Week Low: 70.50p
  • Currency: UK Pounds
  • Shares Issued: 86.17m
  • Volume: 29,993
  • Market Cap: £123.99m
  • RiskGrade: 174
  • Beta: 0.15

Concurrent Tech launches new VME board products

By Duncan Ferris

Date: Friday 08 Jun 2018

LONDON (ShareCast) - (Sharecast News) - Processor board developer Concurrent Technologies on Friday launched two new VME boards for long life-cycle applications.
The AIM-traded company's VME standard was launched several years ago and has been well received as robust and dependable, with products utilising the technology being widely deployed for a number of uses, according to Concurrent Technologies. VME (Versa Module Europa bus) is a standard form of computer bus, which are communication systems that transfers data between components inside a computer, or between computers.

Concurrent's new processor boards are based around Intel Xeon six-core and four-core processors and will incorporate "state of the art features".

The company said it aims to provide customers with an upgrade to performance and functionality without having the inconvenience and expense of re-designing their whole system.

The VME boards are particularly aimed at the defence market where it is anticipated that the life cycle will extend well beyond 2030.

Concurrent chief executive Glen Fawcett said: "We announced our previous VME boards in 2015 to provide users with dependable products that they could deploy in a range of environmental conditions. This announcement enhances our portfolio and further extends the life-cycle for those customers committed to the VMEbus standard through the implementation of some of the latest processors."

As of 0919 BST, Concurrent Tech's shares were down 0.59% at 84.50p.

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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 143.89p
Change Today 0.89p
% Change 0.62 %
52 Week High 148.50p
52 Week Low 70.50p
Volume 29,993
Shares Issued 86.17m
Market Cap £123.99m
Beta 0.15
RiskGrade 174

CNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.34% below the market average98.34% below the market average98.34% below the market average98.34% below the market average98.34% 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
95.54% above the market average95.54% above the market average95.54% above the market average95.54% above the market average95.54% 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
96.48% below the market average96.48% below the market average96.48% below the market average96.48% below the market average96.48% 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
Growth
96.05% above the market average96.05% above the market average96.05% above the market average96.05% above the market average96.05% 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
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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 22-Nov-2024

Time Volume / Share Price
09:01 3,458 @ 144.40p
09:00 6,936 @ 144.10p
09:00 1,294 @ 143.00p
09:00 1,294 @ 143.00p
08:54 10,000 @ 143.68p

CNC Key Personnel

CFO Kim Garrod

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