BATM Advanced Communications' (BVC) "House Stock" Rating Reiterated at Shore Capital

Key Points

• Shore Capital has reiterated the "house stock" rating for BATM Advanced Communications, indicating sustained analyst confidence in the stock.
• The company's stock price increased by 3.4% to GBX 18.76, with trading volume surpassing its average significantly on the day of the announcement.
• BATM operates in various technology segments including Cyber, Networking, Diagnostics, and Secondary, focusing on real-time technologies and security solutions.

BATM Advanced Communications (LON:BVC - Get Free Report)'s stock had its "house stock" rating reissued by research analysts at Shore Capital in a research note issued to investors on Monday,Digital Look reports.

BATM Advanced Communications Stock Up 3.4%

LON BVC traded up GBX 0.61 on Monday, hitting GBX 18.76. 1,475,166 shares of the stock traded hands, compared to its average volume of 211,205. The stock has a 50-day moving average of GBX 16.08 and a 200 day moving average of GBX 15.60. BATM Advanced Communications has a twelve month low of GBX 12.50 and a twelve month high of GBX 21.90. The company has a market capitalization of £81.92 million, a P/E ratio of -314.77 and a beta of 0.64. The company has a current ratio of 2.43, a quick ratio of 1.69 and a debt-to-equity ratio of 9.10.

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.

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