Baylin Technologies (TSE:BYL) Stock Falls 10.5% – What’s Next?

Shares of Baylin Technologies Inc. (TSE:BYL) were down 10.5% during mid-day trading on Friday. The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 132,711 shares were traded during trading, an increase of 98% from the average daily volume of 67,178 shares. The stock had previously closed at C$0.19.

Baylin Technologies Stock Performance

The stock has a 50-day simple moving average of C$0.22 and a 200 day simple moving average of C$0.26. The company has a debt-to-equity ratio of 157.34, a current ratio of 1.10 and a quick ratio of 0.46. The company has a market capitalization of C$46.43 million, a PE ratio of -1.38 and a beta of -0.26.

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