Bigblu Broadband (LON:BBB) Shares Down 7.1% – Here’s What Happened

Bigblu Broadband plc (LON:BBB)’s share price was down 7.1% on Monday . The stock traded as low as GBX 32.50 ($0.42) and last traded at GBX 32.50 ($0.42). Approximately 67,794 shares were traded during trading, an increase of 19% from the average daily volume of 56,739 shares. The stock had previously closed at GBX 35 ($0.45).

Bigblu Broadband Price Performance

The company has a quick ratio of 0.69, a current ratio of 0.60 and a debt-to-equity ratio of 98.48. The firm has a market capitalization of £19.76 million, a PE ratio of 0.01 and a beta of 0.41. The business has a 50-day moving average price of GBX 30.79 and a 200-day moving average price of GBX 32.07.

Bigblu Broadband Company Profile

BBB is a broadband provider that delivers super-fast broadband using alternative technologies to homes and businesses that are unserved or underserved by fibre.

BBB has customers in 30 countries with regional business units in the UK (serving UK, Germany, Poland, Greece and Ireland), Italy (serving Italy, France, Spain, Portugal and Switzerland), Norway (serving Scandinavia) and Australia (serving Australasia).