BATM Advanced Communications (LON:BVC) Stock Price Passes Below 200-Day Moving Average of $27.97

BATM Advanced Communications Ltd. (LON:BVC – Get Rating)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 27.97 ($0.34) and traded as low as GBX 23.85 ($0.29). BATM Advanced Communications shares last traded at GBX 25 ($0.30), with a volume of 711,444 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of BATM Advanced Communications in a research report on Thursday, December 8th.

BATM Advanced Communications Price Performance

The company’s 50 day moving average is GBX 28.16 and its 200 day moving average is GBX 27.97. The company has a current ratio of 2.33, a quick ratio of 1.69 and a debt-to-equity ratio of 9.05. The stock has a market capitalization of £113.37 million, a price-to-earnings ratio of 2,800.00 and a beta of 0.32.

BATM Advanced Communications Company Profile

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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.