Shares of Cyanconnode Holdings PLC (LON:CYAN) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 29.25 ($0.39) and last traded at GBX 29.25 ($0.39), with a volume of 54,608,561 shares. The stock had previously closed at GBX 0.15 ($0.00).

CYAN has been the subject of a number of recent analyst reports. FinnCap reaffirmed a “corporate” rating and set a GBX 0.50 ($0.01) target price on shares of Cyanconnode Holdings PLC in a report on Tuesday, August 15th. Beaufort Securities cut Cyanconnode Holdings PLC to a “hold” rating in a research report on Tuesday, June 20th.

The stock’s market capitalization is GBX 4.77 billion. The company’s 50-day moving average is GBX 33.32 and its 200 day moving average is GBX 33.12.

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About Cyanconnode Holdings PLC

CyanConnode Holdings plc, formerly Cyan Holdings plc, is engaged in the design and development of narrowband radio frequency (RF) mesh networks that enable Omni Internet of Things (IoT) communications. The Company offers a range of support services, from design-in consultancy to training and technical advice.

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