BATM Advanced Communications (LON:BVC) Shares Pass Below 200-Day Moving Average - Should You Sell?

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 16.60 ($0.22) and traded as low as GBX 16.52 ($0.22). BATM Advanced Communications shares last traded at GBX 16.95 ($0.23), with a volume of 31,407 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "house stock" rating on shares of BATM Advanced Communications in a report on Thursday, March 27th.

BATM Advanced Communications Trading Up 1.3%

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 stock's fifty day moving average price is GBX 15.58 and its two-hundred day moving average price is GBX 16.60. The company has a market capitalization of £90.01 million, a PE ratio of -393.50 and a beta of 0.64.

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.

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