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

Key Points

• BATM Advanced Communications shares fell below their 200-day moving average, with the stock price trading at GBX 15.65 ($0.21) on Friday.
• The company has a market capitalization of £83.11 million and notable valuation metrics include a P/E ratio of -363.32 and a debt-to-equity ratio of 9.10.
• Shore Capital has reaffirmed a "house stock" rating on BATM Advanced Communications, indicating confidence in the stock's potential.

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 15.97 ($0.22) and traded as low as GBX 15.20 ($0.21). BATM Advanced Communications shares last traded at GBX 15.65 ($0.21), with a volume of 295,018 shares.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "house stock" rating on shares of BATM Advanced Communications in a research note on Thursday, July 24th.

BATM Advanced Communications Stock Down 6.3%

The firm has a market capitalization of £78.59 million, a price-to-earnings ratio of -343.59 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 of GBX 16.04 and a two-hundred day moving average of GBX 15.90.

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.