Baylin Technologies (TSE:BYL) Reaches New 12-Month High – Time to Buy?

Baylin Technologies Inc. (TSE:BYL)’s stock price hit a new 52-week high on Friday . The stock traded as high as C$0.63 and last traded at C$0.39, with a volume of 322600 shares trading hands. The stock had previously closed at C$0.22.

Analyst Ratings Changes

Separately, Raymond James lowered their price target on shares of Baylin Technologies from C$0.50 to C$0.40 and set a “market perform” rating for the company in a report on Friday, March 21st.

Baylin Technologies Stock Performance

The stock has a 50 day simple moving average of C$0.28 and a two-hundred day simple moving average of C$0.38. The company has a market capitalization of C$44.39 million, a price-to-earnings ratio of -3.01 and a beta of 1.29. The company has a debt-to-equity ratio of -559.58, a current ratio of 0.86 and a quick ratio of 0.46.

About Baylin Technologies

Baylin Technologies Inc is a diversified global wireless technology company. The Company is focused on the research, design, development, manufacture and sale of passive and active radiofrequency (RF) products, satellite communications products, and supporting services. Its products are marketed and sold under the brand names Galtronics, Advantech Wireless, Alga Microwave and Mitec VSAT.