Bigblu Broadband (LON:BBB) Shares Up 13% – What’s Next?

Bigblu Broadband plc (LON:BBB) shares shot up 13% during trading on Thursday . The stock traded as high as GBX 6.50 and last traded at GBX 6.50. 136,138 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 185,628 shares. The stock had previously closed at GBX 5.75.

Bigblu Broadband Stock Performance

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 firm has a market capitalization of £2.76 million, a PE ratio of 0.24 and a beta of 0.41. The firm’s 50-day moving average price is GBX 16.91 and its two-hundred day moving average price is GBX 19.85.

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 net margin of 16.14% and a return on equity of 72.30%. As a group, research analysts predict that Bigblu Broadband plc will post 4.5967742 earnings per share for the current fiscal year.

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).