BATM Advanced Communications (LON:BVC) Stock Passes Below 200-Day Moving Average of $56.35

BATM Advanced Communications Ltd. (LON:BVCGet Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 56.35 ($0.68) and traded as low as GBX 36.60 ($0.44). BATM Advanced Communications shares last traded at GBX 36.80 ($0.45), with a volume of 58,014 shares changing hands.

Separately, Shore Capital reaffirmed a “house stock” rating on shares of BATM Advanced Communications in a report on Friday, April 1st.

The firm has a market capitalization of £162.04 million and a PE ratio of 14.15. The company has a debt-to-equity ratio of 8.28, a current ratio of 2.31 and a quick ratio of 1.71. The company’s fifty day simple moving average is GBX 43.69 and its 200 day simple moving average is GBX 56.35.

BATM Advanced Communications Company Profile (LON:BVC)

BATM Advanced Communications Ltd., together with its subsidiaries, provides real-time technologies for networking solutions and bio-medical systems in Israel, the United States, and Europe. It operates in Networking and Cyber, and Bio-Medical divisions. The Networking and Cyber division is involved in the research and development, production, and marketing of data communication products, including network function virtualization, carrier ethernet and MPLS access solutions, and cyber network monitoring.

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