BATM Advanced Communications (LON:BVC) Trading Down 10.1% – What’s Next?

BATM Advanced Communications Ltd. (LON:BVC)’s stock price dropped 10.1% on Wednesday . The stock traded as low as GBX 13.24 ($0.17) and last traded at GBX 15.50 ($0.20). Approximately 1,680,752 shares traded hands during trading, an increase of 611% from the average daily volume of 236,364 shares. The stock had previously closed at GBX 17.25 ($0.22).

Analyst Ratings Changes

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

BATM Advanced Communications Trading Down 10.1 %

The company has a debt-to-equity ratio of 9.10, a current ratio of 2.43 and a quick ratio of 1.69. The company has a market cap of £82.31 million, a price-to-earnings ratio of -359.84 and a beta of 0.64. The business’s fifty day moving average price is GBX 18.26 and its 200 day moving average price is GBX 18.87.

About BATM Advanced Communications

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.