BATM Advanced Communications (LON:BVC) Stock Crosses Below 200-Day Moving Average – Here’s Why

BATM Advanced Communications Ltd. (LON:BVC)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 16.52 and traded as low as GBX 15.37. BATM Advanced Communications shares last traded at GBX 15.37, with a volume of 125,986 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of BATM Advanced Communications in a report on Monday, November 17th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

BATM Advanced Communications Stock Performance

The stock has a 50 day moving average of GBX 16.46 and a two-hundred day moving average of GBX 16.52. The stock has a market capitalization of £67.15 million, a PE ratio of -2.58 and a beta of 0.64. The company has a debt-to-equity ratio of 9.10, a current ratio of 2.43 and a quick ratio of 1.69.

BATM Advanced Communications Company Profile

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.