BATM Advanced Communications (LON:BVC) Stock Price Down 13.9% – Should You Sell?

Shares of BATM Advanced Communications Ltd. (LON:BVC) were down 13.9% on Wednesday . The company traded as low as GBX 13.24 ($0.17) and last traded at GBX 14.86 ($0.19). Approximately 608,219 shares changed hands during trading, an increase of 186% from the average daily volume of 212,530 shares. The stock had previously closed at GBX 17.25 ($0.22).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of BATM Advanced Communications in a report on Thursday, January 16th.

BATM Advanced Communications Trading Down 1.8 %

The company has a debt-to-equity ratio of 9.10, a quick ratio of 1.69 and a current ratio of 2.43. The business has a fifty day simple moving average of GBX 18.16 and a 200 day simple moving average of GBX 18.79. The stock has a market capitalization of £80.67 million, a price-to-earnings ratio of -352.69 and a beta of 0.64.

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.