Bay Capital (LON:BAY) Stock Price Up 12.5% – Time to Buy?

Bay Capital Plc (LON:BAY) traded up 12.5% during mid-day trading on Monday . The stock traded as high as GBX 9 and last traded at GBX 9. 110,238 shares were traded during trading, a decline of 78% from the average session volume of 504,482 shares. The stock had previously closed at GBX 8.

Bay Capital Price Performance

The business has a fifty day simple moving average of GBX 6.67 and a 200 day simple moving average of GBX 6. The company has a market cap of £6.09 million, a price-to-earnings ratio of -18.91 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.