BATM Advanced Communications (LON:BVC) Stock Price Crosses Below 200-Day Moving Average - Here's What Happened

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 17.38 ($0.23) and traded as low as GBX 13.05 ($0.17). BATM Advanced Communications shares last traded at GBX 14 ($0.19), with a volume of 7,744 shares.

Wall Street Analyst Weigh In

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

BATM Advanced Communications Stock Up 0.2 %

The stock has a market capitalization of £74.74 million, a P/E ratio of -326.75 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 has a 50-day simple moving average of GBX 14.98 and a 200 day simple moving average of GBX 17.26.

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.