Baylin Technologies (TSE:BYL) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Baylin Technologies Inc. (TSE:BYL) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.27 and traded as low as C$0.25. Baylin Technologies shares last traded at C$0.27, with a volume of 128,647 shares changing hands.

Baylin Technologies Stock Up 3.9%

The company has a current ratio of 0.77, a quick ratio of 0.46 and a debt-to-equity ratio of -175.54. The stock’s 50-day moving average price is C$0.29 and its 200-day moving average price is C$0.27. The company has a market cap of C$69.72 million, a P/E ratio of -6.62 and a beta of -0.28.

Baylin Technologies (TSE:BYL) last issued its earnings results on Thursday, May 14th. The company reported C($0.02) EPS for the quarter. Baylin Technologies had a negative net margin of 6.74% and a positive return on equity of 45.54%. The firm had revenue of C$16.06 million during the quarter. As a group, research analysts forecast that Baylin Technologies Inc. will post 0.0064781 EPS for the current year.

Baylin Technologies Company Profile

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.