Bigblu Broadband (LON:BBB) Shares Up 1.5%

Bigblu Broadband plc (LON:BBB)’s stock price shot up 1.5% on Friday . The stock traded as high as GBX 34.98 ($0.43) and last traded at GBX 34 ($0.42). 92,665 shares changed hands during trading, an increase of 139% from the average session volume of 38,799 shares. The stock had previously closed at GBX 33.50 ($0.41).

Bigblu Broadband Stock Up 1.5 %

The company has a fifty day moving average of GBX 38.44 and a two-hundred day moving average of GBX 36.89. The company has a market cap of £19.91 million, a PE ratio of -485.71 and a beta of 0.41. The company has a debt-to-equity ratio of 27.73, a quick ratio of 0.69 and a current ratio of 0.58.

Insider Activity at Bigblu Broadband

In related news, insider Christopher Mills purchased 60,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were bought at an average price of GBX 41 ($0.51) per share, for a total transaction of £24,600 ($30,385.38). 21.53% of the stock is currently owned by insiders.

Bigblu Broadband Company Profile

Bigblu Broadband plc provides satellite, and wireless broadband telecommunications and related products and services in Australia and the Nordics. The company offers satellite and fixed wireless broadband services; and a range of services to customers, including hardware supply, installation, pre- and post-sale support, and billings and collections.