Baylin Technologies (TSE:BYL) Hits New 52-Week Low – What’s Next?

Baylin Technologies Inc. (TSE:BYL)’s share price hit a new 52-week low during trading on Thursday. The company traded as low as C$0.12 and last traded at C$0.14, with a volume of 55,197 shares trading hands. The stock had previously closed at C$0.15.

Baylin Technologies Trading Down 10.0%

The business has a 50 day moving average of C$0.21 and a two-hundred day moving average of C$0.26. The company has a debt-to-equity ratio of 157.34, a quick ratio of 0.46 and a current ratio of 1.10. The firm has a market capitalization of C$37.99 million, a price-to-earnings ratio of -1.13 and a beta of -0.83.

Baylin Technologies (TSE:BYL) last announced its quarterly earnings results on Wednesday, August 5th. The company reported C($0.03) earnings per share (EPS) for the quarter. Baylin Technologies had a positive return on equity of 252.15% and a negative net margin of 12.51%. The firm had revenue of C$22.02 million during the quarter. Equities analysts predict that Baylin Technologies Inc. will post 0.01 EPS for the current year.

About Baylin Technologies

Baylin is a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services.