BATM Advanced Communications (LON:BVC) Trading 0.4% Higher – Here’s Why

BATM Advanced Communications Ltd. (LON:BVC) was up 0.4% during mid-day trading on Thursday . The company traded as high as GBX 18.96 ($0.24) and last traded at GBX 18.68 ($0.24). Approximately 28,579 shares were traded during trading, a decline of 90% from the average daily volume of 280,068 shares. The stock had previously closed at GBX 18.60 ($0.23).

BATM Advanced Communications Stock Performance

The firm’s 50-day simple moving average is GBX 18.44 and its 200 day simple moving average is GBX 19.06. The firm has a market cap of £81.46 million, a P/E ratio of 2,800.00 and a beta of 0.64. The company has a quick ratio of 1.69, a current ratio of 2.43 and a debt-to-equity ratio of 9.17.

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.