Bigblu Broadband (LON:BBB) Trading Down 12.1% – What’s Next?

Bigblu Broadband plc (LON:BBB)’s share price traded down 12.1% during mid-day trading on Friday . The company traded as low as GBX 28.32 ($0.37) and last traded at GBX 29 ($0.38). 118,042 shares changed hands during mid-day trading, an increase of 112% from the average session volume of 55,580 shares. The stock had previously closed at GBX 33 ($0.43).

Bigblu Broadband Stock Down 12.1 %

The company has a debt-to-equity ratio of 98.48, a current ratio of 0.60 and a quick ratio of 0.69. The stock has a market cap of £17.10 million, a price-to-earnings ratio of 0.01 and a beta of 0.41. The firm’s 50-day moving average is GBX 31.28 and its 200 day moving average is GBX 32.15.

Bigblu Broadband Company Profile

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).