Bay Capital (LON:BAY) Trading Up 12.5% – Here’s Why

Bay Capital Plc (LON:BAY) shares traded up 12.5% on Tuesday . The company traded as high as GBX 9 and last traded at GBX 9. 2,589,586 shares traded hands during trading, an increase of 481% from the average daily volume of 445,734 shares. The stock had previously closed at GBX 8.

Bay Capital Stock Up 12.5%

The company has a 50-day moving average price of GBX 8.11 and a 200-day moving average price of GBX 6.53. The firm has a market capitalization of £6.30 million, a price-to-earnings ratio of -19.57 and a beta of -0.64.

Bay Capital Company Profile

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.