Bigblu Broadband (LON:BBB) Shares Down 5.5% – Here’s Why

Bigblu Broadband plc (LON:BBBGet Free Report) shares dropped 5.5% on Monday . The company traded as low as GBX 31.55 ($0.39) and last traded at GBX 31.55 ($0.39). Approximately 129,622 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 107,033 shares. The stock had previously closed at GBX 33.37 ($0.41).

Bigblu Broadband Trading Down 4.3 %

The company has a current ratio of 0.60, a quick ratio of 0.69 and a debt-to-equity ratio of 98.48. The stock has a market cap of £18.35 million, a price-to-earnings ratio of -1,037.03 and a beta of 0.41. The company has a fifty day simple moving average of GBX 36.34 and a 200-day simple moving average of GBX 32.55.

About Bigblu Broadband

(Get Free Report)

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).

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