Baylin Technologies (TSE:BYL) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Baylin Technologies Inc. (TSE:BYL) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.27 and traded as low as C$0.25. Baylin Technologies shares last traded at C$0.26, with a volume of 172,911 shares traded.

Baylin Technologies Stock Down 3.7%

The company’s 50 day moving average price is C$0.29 and its two-hundred day moving average price is C$0.27. The firm has a market cap of C$68.41 million, a PE ratio of -6.50 and a beta of -0.30. The company has a current ratio of 0.77, a quick ratio of 0.46 and a debt-to-equity ratio of -175.54.

Baylin Technologies (TSE:BYL) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C($0.03) earnings per share (EPS) for the quarter. The business had revenue of C$22.02 million for the quarter. Baylin Technologies had a negative net margin of 6.74% and a positive return on equity of 45.54%. On average, equities research analysts expect that Baylin Technologies Inc. will post 0.0064781 EPS for the current fiscal 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.