Bigblu Broadband (LON:BBB) Sets New 1-Year Low – Here’s What Happened

Bigblu Broadband plc (LON:BBB)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 23.30 ($0.30) and last traded at GBX 24.85 ($0.32), with a volume of 141412 shares trading hands. The stock had previously closed at GBX 26.40 ($0.34).

Bigblu Broadband Stock Down 5.9 %

The stock’s 50-day moving average price is GBX 28.99 and its two-hundred day moving average price is GBX 33.92. The stock has a market capitalization of £14.66 million, a P/E ratio of -883.33 and a beta of 0.41. The company has a current ratio of 0.60, a quick ratio of 0.69 and a debt-to-equity ratio of 98.48.

Insider Activity

In other Bigblu Broadband news, insider Francis (Frank) Vincent Waters acquired 131,658 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The stock was bought at an average cost of GBX 31 ($0.40) per share, with a total value of £40,813.98 ($52,991.40). Insiders own 22.28% of the company’s stock.

Bigblu Broadband Company Profile

Bigblu Broadband plc provides satellite, and wireless broadband telecommunications and related products and services in Australia and the Nordics. The company offers satellite and fixed wireless broadband services; and a range of services to customers, including hardware supply, installation, pre- and post-sale support, and billings and collections.