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Concurrent Technologies – record revenue & record order book… and share price decline?

By Steve Moore | Monday 12 April 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Designer and manufacturer of computer boards for particularly the defence and telecommunications industries, Concurrent Technologies (CNC) has announced 2020 results, noting “record revenue for the year of £21.14m (2019: £19.38m)” and a “record order book, which has seen a substantial increase during the first quarter of 2021”. Why then have the shares currently responded to below 100p, more than 7% lower?…

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