BATM Advanced Communications (LON:BVC) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

BATM Advanced Communications Ltd. (LON:BVC)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 18.61 ($0.24) and traded as low as GBX 15.05 ($0.19). BATM Advanced Communications shares last traded at GBX 15.06 ($0.19), with a volume of 3,161 shares changing hands.

Wall Street Analysts Forecast Growth

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 Performance

The stock’s 50-day moving average is GBX 17.78 and its 200-day moving average is GBX 18.57. The firm has a market capitalization of £78.06 million, a price-to-earnings ratio of -341.26 and a beta of 0.64. The company has a current ratio of 2.43, a quick ratio of 1.69 and a debt-to-equity ratio of 9.10.

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.