Baylin Technologies (TSE:BYL) Hits New 12-Month Low – Should You Sell?

Shares of Baylin Technologies Inc. (TSE:BYL) hit a new 52-week low on Tuesday . The stock traded as low as C$0.22 and last traded at C$0.23, with a volume of 92220 shares traded. The stock had previously closed at C$0.24.

Baylin Technologies Trading Down 4.2%

The business’s 50-day simple moving average is C$0.27 and its two-hundred day simple moving average is C$0.27. The firm has a market capitalization of C$64.73 million, a price-to-earnings ratio of -1.92 and a beta of -0.60. The company has a quick ratio of 0.46, a current ratio of 1.10 and a debt-to-equity ratio of 157.34.

Baylin Technologies (TSE:BYL) last posted 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. Equities analysts forecast that Baylin Technologies Inc. will post 0.0064781 earnings per share 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.