Bay Capital (LON:BAY) Reaches New 12-Month High – What’s Next?

Bay Capital Plc (LON:BAY) reached a new 52-week high on Thursday . The stock traded as high as GBX 10 and last traded at GBX 10, with a volume of 1399076 shares trading hands. The stock had previously closed at GBX 9.

Bay Capital Stock Performance

The company has a market cap of £7 million, a P/E ratio of -21.74 and a beta of -0.64. The firm has a 50 day moving average price of GBX 8.20 and a 200-day moving average price of GBX 6.57.

About Bay Capital

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.