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

Shares of BATM Advanced Communications Ltd. (LON:BVCGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 18.98 ($0.24) and traded as low as GBX 16.70 ($0.21). BATM Advanced Communications shares last traded at GBX 17 ($0.22), with a volume of 64,249 shares.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on BVC

BATM Advanced Communications Stock Down 1.2 %

The company has a current ratio of 2.43, a quick ratio of 1.69 and a debt-to-equity ratio of 9.10. The business’s fifty day moving average price is GBX 18.39 and its 200 day moving average price is GBX 18.98. The company has a market capitalization of £89.21 million, a P/E ratio of -390.02 and a beta of 0.64.

About BATM Advanced Communications

(Get Free Report)

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.

Further Reading

Receive News & Ratings for BATM Advanced Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BATM Advanced Communications and related companies with MarketBeat.com's FREE daily email newsletter.