BATM Advanced Communications (LON:BVC) Stock Price Passes Below 200-Day Moving Average – What’s Next?

BATM Advanced Communications Ltd. (LON:BVC)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 19.19 ($0.23) and traded as low as GBX 17.50 ($0.21). BATM Advanced Communications shares last traded at GBX 18.56 ($0.23), with a volume of 348,299 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of BATM Advanced Communications in a report on Thursday, December 19th.

BATM Advanced Communications Stock Performance

The firm has a market capitalization of £80.97 million, a PE ratio of 2,800.00 and a beta of 0.64. The company has a debt-to-equity ratio of 9.17, a current ratio of 2.43 and a quick ratio of 1.69. The firm has a fifty day moving average price of GBX 18.30 and a 200 day moving average price of GBX 19.19.

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.