BATM Advanced Communications (LON:BVC) Stock Price Down 14.5% – Here’s What Happened

BATM Advanced Communications Ltd. (LON:BVC) was down 14.5% during mid-day trading on Wednesday . The company traded as low as GBX 13.24 ($0.17) and last traded at GBX 14.75 ($0.19). Approximately 1,085,572 shares changed hands during mid-day trading, an increase of 387% from the average daily volume of 223,138 shares. The stock had previously closed at GBX 17.25 ($0.22).

Analyst Upgrades and Downgrades

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

BATM Advanced Communications Trading Down 12.0 %

The stock has a market cap of £80.65 million, a price-to-earnings ratio of -352.57 and a beta of 0.64. 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 company has a 50 day moving average of GBX 18.26 and a 200-day moving average of GBX 18.87.

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.