BATM Advanced Communications (LON:BVC) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 16.81 ($0.23) and traded as high as GBX 17.95 ($0.24). BATM Advanced Communications shares last traded at GBX 15.60 ($0.21), with a volume of 72,961 shares traded.

Wall Street Analysts Forecast Growth

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

BATM Advanced Communications Trading Down 0.5%

The company has a market cap of £88.10 million, a price-to-earnings ratio of -385.14 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. The firm's fifty day moving average price is GBX 14.71 and its 200-day moving average price is GBX 16.77.

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.