BATM Advanced Communications (LON:BVC) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 16.19 ($0.22) and traded as low as GBX 14.85 ($0.20). BATM Advanced Communications shares last traded at GBX 14.85 ($0.20), with a volume of 251,127 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "house stock" rating on shares of BATM Advanced Communications in a report on Thursday.

BATM Advanced Communications Stock Performance

The stock has a market capitalization of £85.16 million, a PE ratio of -372.28 and a beta of 0.64. The company has a quick ratio of 1.69, a current ratio of 2.43 and a debt-to-equity ratio of 9.10. The firm has a 50 day moving average price of GBX 16.17 and a 200-day moving average price of GBX 16.11.

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.