BATM Advanced Communications (LON:BVC) Given “Buy” Rating at Berenberg Bank
Berenberg Bank reiterated their buy rating on shares of BATM Advanced Communications (LON:BVC) in a research report released on Friday, Digital Look reports. They currently have a GBX 900 ($11.84) price objective on the stock.
Separately, Shore Capital reiterated a house stock rating on shares of BATM Advanced Communications in a research report on Monday, February 10th.
Shares of BVC traded up GBX 3.40 ($0.04) on Friday, hitting GBX 86 ($1.13). The company’s stock had a trading volume of 211,459 shares, compared to its average volume of 443,934. The company has a quick ratio of 1.33, a current ratio of 1.92 and a debt-to-equity ratio of 21.18. The firm’s fifty day moving average price is GBX 73.91 and its 200-day moving average price is GBX 50.59. BATM Advanced Communications has a fifty-two week low of GBX 27.15 ($0.36) and a fifty-two week high of GBX 104 ($1.37). The firm has a market capitalization of $378.64 million and a price-to-earnings ratio of 143.33.
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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