BATM Advanced Communications (LON:BVC) Share Price Passes Below 200-Day Moving Average – Should You Sell?

BATM Advanced Communications Ltd. (LON:BVC) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 16.59 and traded as low as GBX 15.80. BATM Advanced Communications shares last traded at GBX 15.80, with a volume of 547,769 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of BATM Advanced Communications in a report on Monday, November 17th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

BATM Advanced Communications Stock Down 4.5%

The firm has a 50 day moving average price of GBX 17.32 and a 200-day moving average price of GBX 16.59. The firm has a market cap of £69.03 million, a price-to-earnings ratio of -2.65 and a beta of 0.64. The company has a debt-to-equity ratio of 9.10, a current ratio of 2.43 and a quick ratio of 1.69.

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.