Bigblu Broadband (LON:BBB) Trading 0.6% Higher – Here’s What Happened

Bigblu Broadband plc (LON:BBB) shot up 0.6% during mid-day trading on Monday . The stock traded as high as GBX 31.50 ($0.39) and last traded at GBX 30.17 ($0.38). 2,498 shares traded hands during trading, a decline of 95% from the average session volume of 52,397 shares. The stock had previously closed at GBX 30 ($0.37).

Bigblu Broadband Trading Up 0.6 %

The business’s 50-day simple moving average is GBX 33.65 and its two-hundred day simple moving average is GBX 32.15. The stock has a market capitalization of £17.79 million, a price-to-earnings ratio of -1,005.53 and a beta of 0.41. The company has a debt-to-equity ratio of 98.48, a current ratio of 0.60 and a quick ratio of 0.69.

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).