BATM Advanced Communications (LON:BVC) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

BATM Advanced Communications Ltd. (LON:BVC) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 16.51 and traded as low as GBX 15. BATM Advanced Communications shares last traded at GBX 15.30, with a volume of 816,536 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reissued a “buy” rating on shares of BATM Advanced Communications in a report on Monday, November 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

BATM Advanced Communications Price Performance

The company has a debt-to-equity ratio of 9.10, a quick ratio of 1.69 and a current ratio of 2.43. The company has a market cap of £66.84 million, a P/E ratio of -2.57 and a beta of 0.64. The firm’s fifty day moving average is GBX 16.41 and its two-hundred day moving average is GBX 16.52.

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.