Bigblu Broadband plc (LON:BBB – Get Free Report) traded down 14.6% during mid-day trading on Thursday. The stock traded as low as GBX 5.55 and last traded at GBX 5.55. 278,054 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 212,098 shares. The stock had previously closed at GBX 6.50.
Bigblu Broadband Stock Performance
The firm has a market cap of £2.42 million, a price-to-earnings ratio of 0.21 and a beta of 0.41. The company has a quick ratio of 0.69, a current ratio of 0.82 and a debt-to-equity ratio of 176.01. The business has a 50 day moving average of GBX 5.55 and a 200 day moving average of GBX 5.55.
Bigblu Broadband Company Profile
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). The business grew exponentially focused initially on a core capability in satellite broadband, the company is now the largest satellite broadband ISP outside North America and the 4th largest in the world.
However, for some time now the business has been technology agnostic delivering alternative broadband using satellite, ultra-fast fixed wireless and 4G/5G.
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