BATM Advanced Communications (LON:BVC) Trading Up 2.5% - Should You Buy?

Key Points

• BATM Advanced Communications' stock price increased by 2.5%, trading at GBX 16.40 ($0.22) after reaching a high of GBX 16.75 ($0.23) during mid-day trading.
• Analysts at Shore Capital have maintained a "house stock" rating on BATM Advanced Communications, indicating ongoing confidence in the stock.
• The company has a market capitalization of £72.49 million and notable financial ratios, including a quick ratio of 1.69 and a debt-to-equity ratio of 9.10, reflecting its operational leverage.

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report)'s stock price was up 2.5% during mid-day trading on Wednesday . The company traded as high as GBX 16.75 ($0.23) and last traded at GBX 16.40 ($0.22). Approximately 694,132 shares traded hands during trading, an increase of 285% from the average daily volume of 180,094 shares. The stock had previously closed at GBX 16 ($0.22).

Analysts Set New Price Targets

Separately, Shore Capital restated a "house stock" rating on shares of BATM Advanced Communications in a report on Monday, August 18th.

BATM Advanced Communications Trading Up 1.2%

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 market capitalization of £72.49 million, a P/E ratio of -278.52 and a beta of 0.64. The firm has a 50 day moving average of GBX 15.75 and a 200-day moving average of GBX 15.47.

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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