Bay Capital (LON:BAY) Stock Price Down 5.6% – Here’s Why

Bay Capital Plc (LON:BAY) was down 5.6% during mid-day trading on Wednesday . The stock traded as low as GBX 8.16 and last traded at GBX 8.50. Approximately 677,220 shares changed hands during trading, an increase of 32% from the average daily volume of 511,490 shares. The stock had previously closed at GBX 9.

Bay Capital Stock Performance

The stock has a fifty day moving average price of GBX 6.30 and a 200-day moving average price of GBX 5.82. The firm has a market capitalization of £5.86 million, a PE ratio of -14.18 and a beta of -0.64.

Bay Capital Company Profile

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.