Baylin Technologies (TSE:BYL) Reaches New 52-Week Low – Time to Sell?

Baylin Technologies Inc. (TSE:BYL)’s stock price hit a new 52-week low on Monday. The company traded as low as C$0.21 and last traded at C$0.21, with a volume of 6735 shares trading hands. The stock had previously closed at C$0.21.

Baylin Technologies Stock Down 2.3%

The firm has a fifty day moving average price of C$0.24 and a 200 day moving average price of C$0.27. The company has a market cap of C$59.10 million, a P/E ratio of -1.75 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 released its earnings results on Wednesday, August 5th. The company reported C($0.03) EPS for the quarter. Baylin Technologies had a positive return on equity of 252.15% and a negative net margin of 12.51%.The business had revenue of C$22.02 million for the quarter. Equities research analysts forecast that Baylin Technologies Inc. will post 0.0064781 earnings per share for the current year.

Baylin Technologies Company Profile

Baylin is a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services.