Bay Capital (LON:BAY) Sets New 12-Month High – Still a Buy?

Bay Capital Plc (LON:BAY)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 9 and last traded at GBX 8.70, with a volume of 1521040 shares trading hands. The stock had previously closed at GBX 9.

Bay Capital Stock Down 3.3%

The company has a market cap of £6.09 million, a P/E ratio of -18.91 and a beta of -0.64. The stock’s 50-day moving average price is GBX 6.60 and its 200 day moving average price is GBX 5.97.

About Bay Capital

Bay Capital Plc (LSE: BAY) was established in order to undertake one or more investment or acquisition opportunities of businesses operating within the UK or internationally where the Directors believe there to be opportunities for the creation of shareholder value across certain sectors of focus including industrials, construction and business services, and software and technology companies which service those industry verticals.

Bay Capital Plc is led by Peter Tom CBE as Chairman and David Williams as Director.