Bay Capital (LON:BAY) Reaches New 12-Month High – Should You Buy?

Shares of Bay Capital Plc (LON:BAY) hit a new 52-week high on Monday . The stock traded as high as GBX 11 and last traded at GBX 9.95, with a volume of 3962142 shares traded. The stock had previously closed at GBX 9.15.

Bay Capital Stock Up 8.7%

The company has a market capitalization of £6.96 million, a PE ratio of -21.63 and a beta of -0.64. The business has a 50 day simple moving average of GBX 8.64 and a 200 day simple moving average of GBX 6.89.

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.