BATM Advanced Communications (LON:BVC) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of BATM Advanced Communications Ltd. (LON:BVC) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 16.42 and traded as low as GBX 13.46. BATM Advanced Communications shares last traded at GBX 13.60, with a volume of 281,270 shares traded.

Analysts Set New Price Targets

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

BATM Advanced Communications Stock Performance

The company has a debt-to-equity ratio of 9.10, a current ratio of 2.43 and a quick ratio of 1.69. The company’s fifty day moving average price is GBX 15.62 and its 200 day moving average price is GBX 16.42. The company has a market cap of £46.25 million, a PE ratio of -2.28 and a beta of 0.64.

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.