Baylin Technologies (BYL) Posts Quarterly Earnings Results, Misses Estimates By $0.09 EPS
Baylin Technologies (TSE:BYL) released its earnings data on Thursday. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.09, Analyst Ratings Network.com reports.
Baylin Technologies (TSE:BYL) opened at 3.70 on Thursday. Baylin Technologies has a 52-week low of $3.25 and a 52-week high of $8.35. The stock’s 50-day moving average is $3.72 and its 200-day moving average is $4.44. The company’s market cap is $69.3 million.
A number of analysts have recently weighed in on BYL shares. Analysts at ING Group reiterated a “buy” rating on shares of Baylin Technologies in a research note on Friday, May 16th. They now have a C$9.00 price target on the stock, down previously from C$11.00. Analysts at Paradigm Capital cut their price target on shares of Baylin Technologies from C$11.00 to C$9.00 in a research note on Friday, May 16th. They now have a “buy” rating on the stock.
Baylin Technologies Inc is engaged in designing, producing and supplying antennas. The Company’s sectors include mobile and broadband devices and wireless infrastructure.
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