BATM Advanced Communications (LON:BVC) Share Price Passes Below 200-Day Moving Average - Here's Why

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 19.11 ($0.24) and traded as low as GBX 18.41 ($0.23). BATM Advanced Communications shares last traded at GBX 19.28 ($0.24), with a volume of 106,616 shares changing hands.

BATM Advanced Communications Stock Performance

The firm has a market cap of £82.70 million, a P/E ratio of 2,800.00 and a beta of 0.64. The company has a quick ratio of 1.69, a current ratio of 2.43 and a debt-to-equity ratio of 9.17. The firm has a fifty day moving average of GBX 19.13 and a 200-day moving average of GBX 19.11.

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.