Bigblu Broadband (LON:BBB) Trading Down 14.6% – Here’s What Happened

Bigblu Broadband plc (LON:BBBGet Free Report) shares fell 14.6% during mid-day trading on Wednesday . The company traded as low as GBX 5.55 and last traded at GBX 5.55. 275,387 shares were traded during trading, an increase of 30% from the average session volume of 212,087 shares. The stock had previously closed at GBX 6.50.

Bigblu Broadband Stock Performance

The stock’s fifty day moving average is GBX 13.67 and its two-hundred day moving average is GBX 18.32. The firm has a market capitalization of £2.42 million, a price-to-earnings ratio of 0.21 and a beta of 0.41. The company has a debt-to-equity ratio of 98.48, a quick ratio of 0.69 and a current ratio of 0.60.

Bigblu Broadband Company Profile

(Get Free Report)

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).

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