Bay Capital (LON:BAY) Reaches New 1-Year High – Still a Buy?

Bay Capital Plc (LON:BAY)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 7.50 and last traded at GBX 7.49, with a volume of 3785036 shares changing hands. The stock had previously closed at GBX 7.

Bay Capital Stock Up 7.0%

The firm has a market cap of £5.24 million, a P/E ratio of -12.69 and a beta of -0.64. The firm’s fifty day moving average is GBX 5.83 and its two-hundred day moving average is GBX 5.58.

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.