Bigblu Broadband (LON:BBB) Shares Up 20.8% – Should You Buy?

Bigblu Broadband plc (LON:BBB)’s stock price traded up 20.8% during trading on Monday . The stock traded as high as GBX 33 ($0.42) and last traded at GBX 33 ($0.42). 108,565 shares traded hands during mid-day trading, an increase of 76% from the average session volume of 61,777 shares. The stock had previously closed at GBX 27.32 ($0.35).

Bigblu Broadband Stock Performance

The firm has a fifty day moving average price of GBX 31.03 and a 200 day moving average price of GBX 31.66. The company has a current ratio of 0.60, a quick ratio of 0.69 and a debt-to-equity ratio of 98.48. The firm has a market cap of £19.02 million, a PE ratio of 0.01 and a beta of 0.41.

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).