Bay Capital (LON:BAY) Hits New 12-Month High – Should You Buy?

Bay Capital Plc (LON:BAY) reached a new 52-week high on Monday . The stock traded as high as GBX 9 and last traded at GBX 9, with a volume of 144165 shares trading hands. The stock had previously closed at GBX 8.66.

Bay Capital Price Performance

The company has a 50 day moving average of GBX 7.23 and a two-hundred day moving average of GBX 6.21. The company has a market capitalization of £6.30 million, a PE ratio of -19.57 and a beta of -0.64.

About Bay Capital

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.