BATM Advanced Communications Ltd. (BVC)

Sector:

IT Hardware

Index:

FTSE techMARK Focus

18.93p
   
  • Change Today:
    -0.28p
  • 52 Week High: 29.50p
  • 52 Week Low: 18.10p
  • Currency: UK Pounds
  • Shares Issued: 436.19m
  • Volume: 171,124
  • Market Cap: £82.55m
  • RiskGrade: 322

BATM subsidiary strikes partnership with Advantech

By Iain Gilbert

Date: Monday 21 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Telecommunications company BATM Advanced Communications' Telco Systems subsidiary has struck a partnership with industrial internet of things specialist Advantech that will see its Edgility virtual networking and edge compute operating system be pre-installed on a variety of universal edge network appliances.
BATM stated on Monday that the partnership provided a further route-to-market for its Edgility solution, as well as a competitive advantage in targeting Advantech's customer base.

Chief executive Dr Zvi Marom said: "We are delighted to be partnering with Advantech to provide our Edgility solution pre-installed on their network appliances, which will enable easier and faster adoption by customers. It reflects the strength of our offering in the rapidly growing Edge Computing market, which will enable Advantech to differentiate their products.

"With annual revenue of over $1.7bn and selling globally from offices in over 20 countries, Advantech is a strong partner, and this collaboration enhances our competitive position and offers a further route-to-market. This is also a further example of our growth strategy across our business to accelerate the adoption of our solutions via collaborations with established partners."

As of 0945 GMT, BATM shares were up 4.41% at 48.55p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BVC Market Data

Currency UK Pounds
Share Price 18.93p
Change Today -0.28p
% Change -1.43 %
52 Week High 29.50p
52 Week Low 18.10p
Volume 171,124
Shares Issued 436.19m
Market Cap £82.55m
RiskGrade 322

BVC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.11% below the market average29.11% below the market average29.11% below the market average29.11% below the market average29.11% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Price Trend
59.01% below the market average59.01% below the market average59.01% below the market average59.01% below the market average59.01% below the market average
30.77% below the sector average30.77% below the sector average30.77% below the sector average30.77% below the sector average30.77% below the sector average
Income Not Available
Growth
57.87% above the market average57.87% above the market average57.87% above the market average57.87% above the market average57.87% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average

BVC Dividends

  Latest Previous
  Final Final
Ex-Div 09-Dec-21 n/a
Paid 05-Jan-22 n/a
Amount 0.74p 0.000¢

Trades for 26-Apr-2024

Time Volume / Share Price
18:10 25,000 @ 18.50p
16:12 25,000 @ 18.50p
14:31 10 @ 18.40p
13:20 5,000 @ 18.53p
10:05 47,240 @ 18.53p

BVC Key Personnel

CEO Moti Nagar
CFO Ran Noy

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