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

BATM Advanced Communications Ltd. (LON:BVCGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 19.21 ($0.24) and traded as low as GBX 18.05 ($0.22). BATM Advanced Communications shares last traded at GBX 18.45 ($0.23), with a volume of 671,902 shares trading hands.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on BVC

BATM Advanced Communications Price Performance

The company has a 50-day moving average of GBX 18.46 and a 200 day moving average of GBX 19.21. The firm has a market cap of £81.04 million, a P/E ratio of 2,800.00 and a beta of 0.64. The company has a debt-to-equity ratio of 9.17, a quick ratio of 1.69 and a current ratio of 2.43.

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.

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