Bigblu Broadband (LON:BBB) Stock Price Down 8.9% – What’s Next?

Shares of Bigblu Broadband plc (LON:BBB) fell 8.9% on Friday . The stock traded as low as GBX 28 ($0.35) and last traded at GBX 28.69 ($0.36). 69,106 shares traded hands during mid-day trading, an increase of 62% from the average session volume of 42,780 shares. The stock had previously closed at GBX 31.50 ($0.40).

Bigblu Broadband Stock Performance

The company has a current ratio of 0.60, a quick ratio of 0.69 and a debt-to-equity ratio of 98.48. The firm has a fifty day simple moving average of GBX 32.57 and a 200-day simple moving average of GBX 31.99. The stock has a market cap of £16.92 million, a price-to-earnings ratio of 0.01 and a beta of 0.41.

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).