Baylin Technologies (TSE:BYL) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Baylin Technologies Inc. (TSE:BYLGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.27 and traded as low as C$0.23. Baylin Technologies shares last traded at C$0.24, with a volume of 78,716 shares trading hands.

Baylin Technologies Trading Down 4.1%

The company has a current ratio of 1.10, a quick ratio of 0.46 and a debt-to-equity ratio of 157.34. The firm has a market capitalization of C$66.13 million, a P/E ratio of -1.96 and a beta of -0.30. The business has a 50 day moving average of C$0.28 and a 200-day moving average of C$0.27.

Baylin Technologies (TSE:BYLGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported C($0.03) earnings per share for the quarter. The company had revenue of C$22.02 million during the quarter. Baylin Technologies had a negative net margin of 12.51% and a positive return on equity of 252.15%. Analysts anticipate that Baylin Technologies Inc. will post 0.0064781 EPS for the current fiscal year.

Baylin Technologies Company Profile

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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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