Bigblu Broadband (LON:BBB) Trading Up 13% – Here’s What Happened

Bigblu Broadband plc (LON:BBB)’s share price rose 13% during trading on Thursday . The company traded as high as GBX 6.50 and last traded at GBX 6.50. Approximately 136,138 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 185,628 shares. The stock had previously closed at GBX 5.75.

Bigblu Broadband Trading Up 13.0%

The company has a quick ratio of 0.69, a current ratio of 0.60 and a debt-to-equity ratio of 98.48. The business has a fifty day moving average price of GBX 17.43 and a 200 day moving average price of GBX 20.06. The company has a market capitalization of £2.83 million, a P/E ratio of 0.25 and a beta of 0.41.

Bigblu Broadband (LON:BBB) last released its earnings results on Friday, August 29th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. Bigblu Broadband had a return on equity of 72.30% and a net margin of 16.14%. On average, analysts expect that Bigblu Broadband plc will post 4.5967742 earnings per share for the current fiscal year.

About Bigblu Broadband

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).