BATM Advanced Communications (LON:BVC) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of BATM Advanced Communications Ltd. (LON:BVC) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 19.27 ($0.24) and traded as low as GBX 18 ($0.22). BATM Advanced Communications shares last traded at GBX 19 ($0.24), with a volume of 191,360 shares trading hands.

Analyst Upgrades and Downgrades

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

BATM Advanced Communications Price Performance

The stock has a market capitalization of £82.95 million, a PE ratio of 2,800.00 and a beta of 0.64. The business’s 50-day moving average price is GBX 18.40 and its 200 day moving average price is GBX 19.27. The company has a debt-to-equity ratio of 9.17, a quick ratio of 1.69 and a current ratio of 2.43.

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.