Bigblu Broadband (LON:BBB) Stock Price Down 12.1% – Time to Sell?

Bigblu Broadband plc (LON:BBB) dropped 12.1% during mid-day trading on Friday . The company traded as low as GBX 28.32 ($0.37) and last traded at GBX 29 ($0.38). Approximately 118,042 shares traded hands during trading, an increase of 112% from the average daily volume of 55,580 shares. The stock had previously closed at GBX 33 ($0.43).

Bigblu Broadband Price Performance

The company’s 50 day simple moving average is GBX 31.28 and its 200 day simple moving average is GBX 32.15. 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 stock has a market capitalization of £17.10 million, a PE ratio of 0.01 and a beta of 0.41.

About Bigblu Broadband

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).