BATM Advanced Communications (LON:BVC) Share Price Passes Below 200 Day Moving Average – Here’s Why

BATM Advanced Communications Ltd. (LON:BVC) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 19.21 ($0.24) and traded as low as GBX 18.05 ($0.22). BATM Advanced Communications shares last traded at GBX 18.45 ($0.23), with a volume of 671,902 shares traded.

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of BATM Advanced Communications in a research report on Thursday, January 16th.

BATM Advanced Communications Stock Up 0.6 %

The firm has a fifty day moving average price of GBX 18.46 and a 200 day moving average price of GBX 19.21. The company has a quick ratio of 1.69, a current ratio of 2.43 and a debt-to-equity ratio of 9.17. The company has a market cap of £81.04 million, a P/E ratio of 2,800.00 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.