Baylin Technologies (TSE:BYL) Stock Jumps 14.3% – Should You Buy?

Baylin Technologies Inc. (TSE:BYL) shares rose 14.3% during mid-day trading on Wednesday. The stock traded as high as C$0.20 and last traded at C$0.20. 237,398 shares traded hands during trading, an increase of 254% from the average session volume of 67,023 shares. The stock had previously closed at C$0.17.

Baylin Technologies Stock Performance

The firm’s fifty day moving average price is C$0.23 and its 200 day moving average price is C$0.26. The stock has a market capitalization of C$56.28 million, a price-to-earnings ratio of -1.67 and a beta of -0.26. The company has a current ratio of 1.10, a quick ratio of 0.46 and a debt-to-equity ratio of 157.34.

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