Bay Capital (LON:BAY) Hits New 52-Week High – Should You Buy?

Bay Capital Plc (LON:BAY) shares hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 9 and last traded at GBX 9, with a volume of 5297 shares traded. The stock had previously closed at GBX 8.25.

Bay Capital Stock Performance

The company has a 50 day moving average of GBX 7.77 and a 200 day moving average of GBX 6.35. The stock has a market capitalization of £6.30 million, a price-to-earnings 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.