Bay Capital (LON:BAY) Shares Up 12.5% – Time to Buy?

Bay Capital Plc (LON:BAY – Get Free Report) shares shot up 12.5% during mid-day trading on Monday . The company traded as high as GBX 9 and last traded at GBX 9. 110,238 shares traded hands during trading, a decline of 78% from the average session volume of 504,482 shares. The stock had previously closed at GBX 8.

Bay Capital Stock Performance

The business’s fifty day simple moving average is GBX 6.51 and its 200-day simple moving average is GBX 5.94. The firm has a market capitalization of £6.30 million, a PE ratio of -19.57 and a beta of -0.64.

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Bay Capital Company Profile

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Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.

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