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

BATM Advanced Communications Ltd. (LON:BVCGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 16.58 and traded as low as GBX 16.10. BATM Advanced Communications shares last traded at GBX 16.65, with a volume of 35,317 shares.

Analysts Set New Price Targets

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

Get Our Latest Stock Report on BVC

BATM Advanced Communications Stock Up 0.6%

The company has a market cap of £72.74 million, a price-to-earnings ratio of -2.79 and a beta of 0.64. The company has a current ratio of 2.43, a quick ratio of 1.69 and a debt-to-equity ratio of 9.10. The stock’s 50-day moving average is GBX 16.96 and its 200-day moving average is GBX 16.57.

BATM Advanced Communications Company Profile

(Get Free Report)

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.

Further Reading

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