BATM Advanced Communications (LON:BVC) Shares Down 13% - Here's What Happened

BATM Advanced Communications Ltd. (LON:BVC - Get Free Report) shares traded down 13% during mid-day trading on Friday . The stock traded as low as GBX 17.25 ($0.22) and last traded at GBX 17.35 ($0.23). 120,052 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 257,230 shares. The stock had previously closed at GBX 19.95 ($0.26).

BATM Advanced Communications Price Performance

The company has a debt-to-equity ratio of 9.17, a current ratio of 2.43 and a quick ratio of 1.69. The company's 50-day moving average is GBX 19.85 and its 200-day moving average is GBX 19.17. The firm has a market capitalization of £87.24 million, a price-to-earnings ratio of 2,800.00 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.