Bay Capital (LON:BAY) Stock Price Up 13.8% – Time to Buy?

Bay Capital Plc (LON:BAYGet Free Report) was up 13.8% during mid-day trading on Thursday . The company traded as high as GBX 4.67 ($0.06) and last traded at GBX 4.67 ($0.06). Approximately 570,164 shares changed hands during trading, an increase of 805% from the average daily volume of 63,025 shares. The stock had previously closed at GBX 4.10 ($0.05).

Bay Capital Stock Performance

The firm’s fifty day simple moving average is GBX 4.13 and its 200 day simple moving average is GBX 4.99. The stock has a market capitalization of £3.80 million, a price-to-earnings ratio of -271.50 and a beta of -0.64.

Bay Capital Company Profile

(Get Free Report)

Bay Capital Plc does not have significant operations. The company intends to seek investment and acquisition opportunities in the industrial, construction and business services, and software and technology sectors in the United Kingdom and internationally. The company was incorporated in 2021 and is based in Saint Helier, Jersey.

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