Concurrent Technologies (CNC)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

173.67p
   
  • Change Today:
      6.67p
  • 52 Week High: 194.00
  • 52 Week Low: 83.00
  • Currency: UK Pounds
  • Shares Issued: 86.17m
  • Volume: 38,994
  • Market Cap: £149.65m
  • RiskGrade: 174

Concurrent Technologies unveils new 10Gb ethernet switch product

By Josh White

Date: Wednesday 04 Dec 2024

LONDON (ShareCast) - (Sharecast News) - Advanced computing systems designer and manufacturer Concurrent Technologies unveiled 'Hermod II', a rugged 10 gigabit ethernet switch engineered for harsh environments in the defence and heavy industrial sectors, on Wednesday.
The AIM-traded firm said Hermod II integrated time-sensitive networking (TSN), a technology that manages time-critical data, allowing the switch to act as a central hub for capturing, delivering and analysing sensor data in the field.

It explained that with the TSN capability, Hermod II could enhance communication efficiency across next-generation ethernet backbones, addressing increasing customer demands for higher performance and simplified network operations.

"Hermod II further enhances our ability to enable customer solutions that align with technological trends at system level," said chief executive officer Miles Adcock.

"It not only positions us to fulfil future demand for ruggedised switches from major defence and industrial players but will also open opportunities around the rest of our interoperable systems products."

At 1413 GMT, shares in Concurrent Technologies were up 2.1% at 144.98p.

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 173.67p
Change Today 6.67p
% Change 3.99 %
52 Week High 194.00
52 Week Low 83.00
Volume 38,994
Shares Issued 86.17m
Market Cap £149.65m
RiskGrade 174

CNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.44% below the market average98.44% below the market average98.44% below the market average98.44% below the market average98.44% 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
95.93% above the market average95.93% above the market average95.93% above the market average95.93% above the market average95.93% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
96.75% below the market average96.75% below the market average96.75% below the market average96.75% below the market average96.75% 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
96.91% above the market average96.91% above the market average96.91% above the market average96.91% above the market average96.91% above the market average
91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% 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 14-Mar-2025

Time Volume / Share Price
09:42 1,693 @ 173.06p
09:37 2,779 @ 173.55p
09:28 2,864 @ 174.35p
09:26 2,000 @ 173.55p
09:06 4,000 @ 173.55p

CNC Key Personnel

CFO Kim Garrod

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