Barclays started coverage on shares of Bigblu Broadband (LON:BBB) in a research note released on Monday morning, Digital Look reports. The firm issued an overweight rating and a GBX 200 ($2.61) price objective on the stock.

Separately, Numis Securities restated a buy rating on shares of Bigblu Broadband in a research note on Monday, June 3rd.

Shares of LON:BBB opened at GBX 113 ($1.48) on Monday. The company has a current ratio of 0.65, a quick ratio of 0.54 and a debt-to-equity ratio of 214.28. The company has a fifty day simple moving average of GBX 110.68 and a 200 day simple moving average of GBX 114.74. The firm has a market cap of $64.20 million and a PE ratio of -7.64. Bigblu Broadband has a 12-month low of GBX 90 ($1.18) and a 12-month high of GBX 133 ($1.74).

In other Bigblu Broadband news, insider Michael Tobin bought 9,276 shares of the stock in a transaction on Thursday, August 29th. The stock was purchased at an average price of GBX 108 ($1.41) per share, for a total transaction of £10,018.08 ($13,090.40).

Bigblu Broadband Company Profile

Bigblu Broadband plc provides satellite and wireless broadband telecommunications and related products and services in the United Kingdom, the Nordics, rest of Europe, and Australia. It offers rural, last-mile, and emergency communication services via satellite, wireless, and associated technologies; and fiber alternatives.

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