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

Baylin Technologies Inc. (TSE:BYL)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.29 and traded as low as C$0.27. Baylin Technologies shares last traded at C$0.28, with a volume of 74,311 shares traded.

Baylin Technologies Trading Up 3.8%

The company has a current ratio of 0.86, a quick ratio of 0.46 and a debt-to-equity ratio of -559.58. The company has a market cap of C$41.98 million, a price-to-earnings ratio of -27.50 and a beta of 0.76. The firm has a 50-day moving average price of C$0.28 and a 200 day moving average price of C$0.29.

Baylin Technologies (TSE:BYL) last released its earnings results on Wednesday, November 5th. The company reported C($0.01) earnings per share for the quarter. Baylin Technologies had a negative net margin of 23.74% and a positive return on equity of 530.67%. The business had revenue of C$16.75 million for the quarter. As a group, sell-side 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.