BATM Advanced Communications (LON:BVC) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

BATM Advanced Communications Ltd. (LON:BVC)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 19.27 ($0.24) and traded as low as GBX 18 ($0.22). BATM Advanced Communications shares last traded at GBX 19 ($0.24), with a volume of 191,360 shares.

Analysts Set New Price Targets

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

BATM Advanced Communications Stock Up 0.1 %

The company has a current ratio of 2.43, a quick ratio of 1.69 and a debt-to-equity ratio of 9.17. The stock has a market capitalization of £82.95 million, a P/E ratio of 2,800.00 and a beta of 0.64. The stock’s 50-day moving average price is GBX 18.40 and its two-hundred day moving average price is GBX 19.27.

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.