Bay Capital (LON:BAY) Shares Up 12.5% – Time to Buy?

Shares of Bay Capital Plc (LON:BAY) rose 12.5% on Monday . The company traded as high as GBX 9 and last traded at GBX 9. Approximately 110,238 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 504,482 shares. The stock had previously closed at GBX 8.

Bay Capital Stock Up 12.5%

The business’s fifty day moving average is GBX 6.51 and its two-hundred day moving average is GBX 5.94. The stock has a market capitalization of £6.30 million, a PE ratio of -19.57 and a beta of -0.64.

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.