BATM Advanced Communications (LON:BVC) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of BATM Advanced Communications Ltd. (LON:BVC) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 19.14 ($0.25) and traded as low as GBX 18.30 ($0.24). BATM Advanced Communications shares last traded at GBX 18.30 ($0.24), with a volume of 5,257 shares trading hands.

BATM Advanced Communications Price Performance

The company has a 50 day moving average of GBX 19.60 and a two-hundred day moving average of GBX 19.14. The firm has a market cap of £79.82 million, a P/E ratio of 2,800.00 and a beta of 0.64. The company has a quick ratio of 1.69, a current ratio of 2.43 and a debt-to-equity ratio of 9.17.

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.