Baylin Technologies (TSE:BYL) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Baylin Technologies Inc. (TSE:BYLGet Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.27 and traded as low as C$0.27. Baylin Technologies shares last traded at C$0.27, with a volume of 5,529 shares.

Baylin Technologies Price Performance

The stock has a market cap of C$41.23 million, a P/E ratio of -6.75 and a beta of -0.24. The company has a debt-to-equity ratio of -175.54, a current ratio of 0.77 and a quick ratio of 0.46. The business’s fifty day moving average price is C$0.26 and its 200 day moving average price is C$0.27.

Baylin Technologies (TSE:BYLGet Free Report) last posted its earnings results on Thursday, May 14th. The company reported C($0.02) EPS for the quarter. The company had revenue of C$16.06 million during the quarter. Baylin Technologies had a positive return on equity of 45.54% and a negative net margin of 6.74%. Sell-side analysts forecast that Baylin Technologies Inc. will post 0.0064781 EPS for the current fiscal year.

Baylin Technologies Company Profile

(Get Free Report)

Baylin Technologies Inc is a diversified wireless technology management company. It focuses on the research, design, development, manufacturing, and sales of passive and active radio frequency and terrestrial microwave products and services.

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