BATM Advanced Communications (LON:BVC) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Shares of BATM Advanced Communications Ltd. (LON:BVC) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 19.19 ($0.25) and traded as low as GBX 19.10 ($0.25). BATM Advanced Communications shares last traded at GBX 19.10 ($0.25), with a volume of 87,861 shares changing hands.

BATM Advanced Communications Stock Down 0.5 %

The stock has a market capitalization of £82.88 million, a price-to-earnings ratio of 2,800.00 and a beta of 0.64. 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 business has a fifty day moving average of GBX 20.38 and a 200 day moving average of GBX 19.19.

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.