BATM Advanced Communications (LON:BVC) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

BATM Advanced Communications Ltd. (LON:BVC) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 19.10 ($0.25) and traded as low as GBX 17.71 ($0.23). BATM Advanced Communications shares last traded at GBX 18 ($0.23), with a volume of 9,079,480 shares changing hands.

BATM Advanced Communications Stock Performance

The stock’s 50-day moving average price is GBX 19.28 and its 200-day moving average price is GBX 19.10. The company has a debt-to-equity ratio of 9.17, a quick ratio of 1.69 and a current ratio of 2.43. The company has a market capitalization of £82.88 million, a price-to-earnings ratio of 2,800.00 and a beta of 0.64.

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.