Bay Capital (LON:BAY) Trading Up 11.4% – Time to Buy?

Bay Capital Plc (LON:BAY)’s stock price was up 11.4% during mid-day trading on Friday . The stock traded as high as GBX 6 and last traded at GBX 5.85. Approximately 165,102 shares changed hands during trading, a decline of 73% from the average daily volume of 603,725 shares. The stock had previously closed at GBX 5.25.

Bay Capital Price Performance

The company has a 50-day simple moving average of GBX 5.51 and a 200-day simple moving average of GBX 5.25. The firm has a market cap of £4.10 million, a PE ratio of -9.92 and a beta of -0.64.

Bay Capital Company Profile

Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.