Bigblu Broadband (LON:BBB) Shares Down 8.9% – Should You Sell?

Bigblu Broadband plc (LON:BBB) dropped 8.9% during trading on Friday . The company traded as low as GBX 28 ($0.35) and last traded at GBX 28.69 ($0.36). Approximately 69,106 shares were traded during mid-day trading, an increase of 62% from the average daily volume of 42,780 shares. The stock had previously closed at GBX 31.50 ($0.40).

Bigblu Broadband Stock Down 8.9 %

The company has a current ratio of 0.60, a quick ratio of 0.69 and a debt-to-equity ratio of 98.48. The stock has a market cap of £16.92 million, a P/E ratio of 0.01 and a beta of 0.41. The firm has a 50-day simple moving average of GBX 32.57 and a two-hundred day simple moving average of GBX 31.99.

About Bigblu Broadband

BBB is a broadband provider that delivers super-fast broadband using alternative technologies to homes and businesses that are unserved or underserved by fibre.

BBB has customers in 30 countries with regional business units in the UK (serving UK, Germany, Poland, Greece and Ireland), Italy (serving Italy, France, Spain, Portugal and Switzerland), Norway (serving Scandinavia) and Australia (serving Australasia).