Bay Capital (LON:BAY) Stock Price Up 12.5% – Still a Buy?

Bay Capital Plc (LON:BAY) shares shot up 12.5% during trading on Tuesday . The stock traded as high as GBX 9 and last traded at GBX 9. 2,589,586 shares were traded during mid-day trading, an increase of 481% from the average session volume of 445,734 shares. The stock had previously closed at GBX 8.

Bay Capital Price Performance

The firm has a fifty day simple moving average of GBX 8.20 and a 200-day simple moving average of GBX 6.57. The firm has a market cap of £6.30 million, a P/E ratio of -19.57 and a beta of -0.64.

Bay Capital Company Profile

Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.