Cyanconnode Holdings PLC (LON:CYAN)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 17 ($0.23) and last traded at GBX 23.35 ($0.31), with a volume of 55269 shares changing hands. The stock had previously closed at GBX 23.50 ($0.32).
Separately, FinnCap reaffirmed a “corporate” rating on shares of Cyanconnode in a research report on Thursday, November 9th.
In related news, insider Henry (Harry) Berry bought 71,423 shares of the firm’s stock in a transaction on Monday, December 11th. The shares were purchased at an average price of GBX 21 ($0.28) per share, with a total value of £14,998.83 ($20,186.85).
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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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