BATM Advanced Communications (LON:BVC) Stock Price Passes Below 200 Day Moving Average of $43.74

BATM Advanced Communications Ltd (LON:BVC)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $43.74 and traded as low as $41.00. BATM Advanced Communications shares last traded at $41.60, with a volume of 90,164 shares.

Separately, Shore Capital restated a “house stock” rating on shares of BATM Advanced Communications in a report on Monday, October 7th.

The stock has a market capitalization of $183.16 million and a P/E ratio of 69.33. The company has a debt-to-equity ratio of 21.18, a current ratio of 1.92 and a quick ratio of 1.33. The stock’s fifty day moving average is GBX 41.97 and its two-hundred day moving average is GBX 43.70.

In other BATM Advanced Communications news, insider Zvi Marom bought 100,000 shares of BATM Advanced Communications stock in a transaction that occurred on Monday, October 7th. The stock was purchased at an average cost of GBX 38 ($0.50) per share, for a total transaction of £38,000 ($49,653.73). Also, insider Moti Nagar sold 3,000,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of GBX 47 ($0.61), for a total transaction of £1,410,000 ($1,842,414.74).

BATM Advanced Communications Company Profile (LON:BVC)

BATM Advanced Communications Ltd., together with its subsidiaries, engages in the research and development, production, and marketing of data communication products in the field of metropolitan area networks; and bio-medical products. The company's Networking and Cyber division is involved in the research and development, production, and marketing of data communication products in the field of local and wide area networks, and premises management systems worldwide.

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