Bigblu Broadband (LON:BBB) Trading Down 7.1% – Should You Sell?

Bigblu Broadband plc (LON:BBB)’s stock price dropped 7.1% during mid-day trading on Monday . The stock traded as low as GBX 32.50 ($0.42) and last traded at GBX 32.50 ($0.42). Approximately 67,794 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 56,739 shares. The stock had previously closed at GBX 35 ($0.45).

Bigblu Broadband Trading Down 7.1 %

The firm has a market cap of £19.17 million, a price-to-earnings ratio of 0.01 and a beta of 0.41. The business has a 50 day moving average of GBX 30.77 and a 200 day moving average of GBX 32.05. The company has a quick ratio of 0.69, a current ratio of 0.60 and a debt-to-equity ratio of 98.48.

About Bigblu Broadband

BBB is a broadband provider that delivers super-fast broadband using alternative technologies to homes and businesses that are unserved or underserved by fibre.

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).