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

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 17.15 ($0.23) and traded as low as GBX 13.05 ($0.17). BATM Advanced Communications shares last traded at GBX 14.50 ($0.19), with a volume of 52,638 shares changing hands.

Analysts Set New Price Targets

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

BATM Advanced Communications Trading Up 0.7 %

The company's fifty day moving average is GBX 14.64 and its two-hundred day moving average is GBX 17.09. 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 has a market cap of £75.94 million, a price-to-earnings ratio of -331.98 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.