Bigblu Broadband (LON:BBB) Shares Down 5.5% – Here’s What Happened

Shares of Bigblu Broadband plc (LON:BBB) traded down 5.5% during trading on Monday . The stock traded as low as GBX 31.55 ($0.39) and last traded at GBX 31.55 ($0.39). 129,622 shares traded hands during trading, an increase of 21% from the average session volume of 107,033 shares. The stock had previously closed at GBX 33.37 ($0.41).

Bigblu Broadband Trading Down 4.3 %

The company has a debt-to-equity ratio of 98.48, a quick ratio of 0.69 and a current ratio of 0.60. The stock has a market cap of £18.35 million, a price-to-earnings ratio of -1,037.03 and a beta of 0.41. The company’s 50 day simple moving average is GBX 36.34 and its two-hundred day simple moving average is GBX 32.55.

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).