Bigblu Broadband (LON:BBB) Trading Down 13.5% – Should You Sell?

Bigblu Broadband plc (LON:BBB)’s share price fell 13.5% on Monday . The stock traded as low as GBX 19.27 ($0.26) and last traded at GBX 19.27 ($0.26). 97,542 shares changed hands during trading, a decline of 53% from the average session volume of 208,130 shares. The stock had previously closed at GBX 22.27 ($0.30).

Bigblu Broadband Stock Up 0.9%

The firm has a market capitalization of £13.98 million, a price-to-earnings ratio of 0.01 and a beta of 0.41. The stock has a 50 day moving average of GBX 27.54 and a 200 day moving average of GBX 31.14. The company has a quick ratio of 0.69, a current ratio of 0.60 and a debt-to-equity ratio of 98.48.

Bigblu Broadband (LON:BBB) last posted its quarterly earnings results on Monday, June 2nd. The company reported GBX (3.40) (($0.05)) EPS for the quarter. Bigblu Broadband had a return on equity of 72.30% and a net margin of 16.14%. As a group, analysts expect that Bigblu Broadband plc will post 4.5967742 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Christopher Mills sold 2,254,667 shares of Bigblu Broadband stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of GBX 40 ($0.54), for a total value of £901,866.80 ($1,219,233.20). Insiders own 22.28% of the company’s stock.

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).