Bigblu Broadband (LON:BBB) Trading Down 1.8%

Bigblu Broadband PLC (LON:BBB) shares fell 1.8% on Wednesday . The company traded as low as GBX 107.50 ($1.40) and last traded at GBX 107.50 ($1.40), 13,834 shares were traded during trading. The stock had previously closed at GBX 109.50 ($1.43).

Separately, Barclays started coverage on Bigblu Broadband in a report on Monday, September 9th. They set an “overweight” rating and a GBX 200 ($2.61) price target for the company.

The company has a debt-to-equity ratio of 214.28, a current ratio of 0.65 and a quick ratio of 0.54. The stock has a market capitalization of $61.89 million and a price-to-earnings ratio of -7.26. The stock’s 50 day simple moving average is GBX 111.70 and its 200-day simple moving average is GBX 112.69.

In other Bigblu Broadband news, insider Francis (Frank) Vincent Waters bought 9,200 shares of the firm’s stock in a transaction on Thursday, September 26th. The stock was bought at an average cost of GBX 110 ($1.44) per share, with a total value of £10,120 ($13,223.57).

Bigblu Broadband Company Profile (LON:BBB)

Bigblu Broadband plc provides satellite and wireless broadband telecommunications and related products and services in the United Kingdom, the Nordics, rest of Europe, and Australia. It offers rural, last-mile, and emergency communication services via satellite, wireless, and associated technologies; and fiber alternatives.

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