Baylin Technologies (TSE:BYL) Shares Down 32.3% – Time to Sell?

Baylin Technologies Inc. (TSE:BYL – Get Free Report) dropped 32.3% during mid-day trading on Wednesday. The stock traded as low as C$0.09 and last traded at C$0.10. 784,702 shares changed hands during trading, an increase of 842% from the average session volume of 83,270 shares. The stock had previously closed at C$0.15.

Baylin Technologies Stock Down 25.8%

The company has a quick ratio of 0.46, a current ratio of 1.10 and a debt-to-equity ratio of 157.34. The company has a market capitalization of C$32.36 million, a PE ratio of -0.96 and a beta of -0.83. The business’s 50 day simple moving average is C$0.20 and its 200 day simple moving average is C$0.25.

About Baylin Technologies

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

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