Bay Capital (LON:BAY) Shares Down 16.7% – Here’s What Happened

Bay Capital Plc (LON:BAY)’s stock price was down 16.7% on Monday . The stock traded as low as GBX 5 and last traded at GBX 5. Approximately 1,350,000 shares were traded during trading, an increase of 64% from the average daily volume of 823,865 shares. The stock had previously closed at GBX 6.

Bay Capital Stock Performance

The firm has a fifty day moving average of GBX 5.59 and a 200-day moving average of GBX 5.09. The stock has a market capitalization of £3.50 million, a price-to-earnings ratio of -8.47 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.