BATM Advanced Communications (LON:BVC) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

BATM Advanced Communications Ltd. (LON:BVC) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 16.59 and traded as low as GBX 15.80. BATM Advanced Communications shares last traded at GBX 15.80, with a volume of 547,769 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of BATM Advanced Communications in a research note on Monday, November 17th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, BATM Advanced Communications presently has a consensus rating of “Buy”.

BATM Advanced Communications Price Performance

The stock has a market capitalization of £69.03 million, a P/E ratio of -2.65 and a beta of 0.64. The company’s 50 day simple moving average is GBX 17.32 and its two-hundred day simple moving average is GBX 16.59. The company has a debt-to-equity ratio of 9.10, a current ratio of 2.43 and a quick ratio of 1.69.

About BATM Advanced Communications

BATM Advanced Communications Ltd., together with its subsidiaries, engages in the development, production, and marketing of real-time technologies in Israel, the United States, and Europe. It operates through four segments: Cyber, Networking, Diagnostics, and Secondary. The Cyber segment provides integrated hardware and software solutions comprising cGate, a combined network encryption and security computing platform designed for governments, defense, and mission-critical networks; and cHSM, a hardware security module that provides security for sensitive data and applications by safeguarding and managing secrets, such as digital keys.