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

Shares of BATM Advanced Communications Ltd. (LON:BVC - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 19.21 ($0.24) and traded as low as GBX 18.05 ($0.23). BATM Advanced Communications shares last traded at GBX 18.45 ($0.23), with a volume of 671,902 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital restated a "house stock" rating on shares of BATM Advanced Communications in a research note on Thursday, January 16th.

BATM Advanced Communications Price Performance

The stock's 50 day moving average is GBX 18.55 and its two-hundred day moving average is GBX 19.16. 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 stock has a market capitalization of £93.99 million, a PE ratio of -410.91 and a beta of 0.64.

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.