Shares of the company are trading at $6.60 which is just over the 50 day moving average which is $6.05 and a tad higher than the 200 day moving average of $6.19. The 50 day moving average went up $0.55 or +9.07% whereas the 200 day moving average was up $0.41 or +6.71%. (NASDAQ:CCUR) shares saw light trading volume with 66K shares changing hands by the end of trading on Tuesday. Trading volume was down 45.17% under the stocks average daily volume.
Traders are feeling more bullish on shares of Concurrent Computer Corporation as evidenced by the change in short interest. The stock realized a fall in short interest between September 15, 2017 and September 29, 2017 of -29.29%. Short interest decreased 12,137 over that period. The short-interest ratio decreased to 1.0 and the percentage of shorted shares is 0.00% as of September 29.
The following firms have recently changed their position in CCUR. Blackrock Inc. cut its holdings by selling 416,775 shares a decrease of 99.6%. Blackrock Inc. claims 1,547 shares worth $10,000. The total value of its holdings decreased 99.5%. Tower Research Capital LLC (trc) downsized its stake by shedding 4,447 shares a decrease of 64.0% in the quarter. Tower Research Capital LLC (trc) now controls 2,498 shares with a value of $17,000. The value of the position overall is down by 55.3%.
Parallax Volatility Advisers, L.p. reduced its position by selling 7,347 shares a decrease of 50.6% from 03/31/2017 to 06/30/2017. Parallax Volatility Advisers, L.p. currently owns 7,172 shares valued at $48,000. The value of the position overall is down by 32.4%. Mosaic Family Wealth, LLC augmented its ownership by buying 5 shares an increase of 2.0% as of 06/30/2017. Mosaic Family Wealth, LLC owns 251 shares worth $2,000. The value of the position overall is up by 100.0%.
In the market the company is trading up from yesterday’s close of 6.49. Concurrent Computer Corporation announced a dividend for shareholders that was paid on Tuesday September 26th, 2017. The dividend was $0.120 per share for the quarter which is $0.48 annualized. The dividend yield was $7.38. The ex-dividend date was Monday the 11th of September 2017.
Concurrent Computer Corporation currently has a P/E ratio of 2.15 and the market cap is 61.86M.
Concurrent Computer Corporation, launched on August 3, 1981, is a global software and solutions company that develops applications on a foundation of high performance Linux and storage technologies. The Business’s business is composed of two segments: products and services. Its content delivery solutions consist of software, hardware and services for streaming video content to various consumer devices, and storing and managing content in the network. Its streaming video and storage products and services are deployed by service providers to support consumer-facing video applications, including live broadcast video, video-on-demand (VOD) and time-shifted video services, such as cloud-based digital video recording (cDVR). Its multi-workload, scale-out storage products are suited for a range of enterprise information technology (IT) and video applications. Its real-time solutions consist of real-time Linux operating system versions, development and performance optimization tools, simulation software and other system software combined, in many cases, with computer platforms and services. These real-time products are sold to various companies seeking real-time computer solutions in the defense, aerospace, financial and automotive markets around the world..