Baylin Technologies (TSE:BYL) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Shares of Baylin Technologies Inc. (TSE:BYL) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.27 and traded as high as C$0.29. Baylin Technologies shares last traded at C$0.27, with a volume of 33,056 shares.

Baylin Technologies Price Performance

The company has a debt-to-equity ratio of -191.63, a current ratio of 0.78 and a quick ratio of 0.46. The company has a market capitalization of C$41.21 million, a PE ratio of -9.00 and a beta of -0.01. The firm has a 50-day moving average of C$0.27 and a 200 day moving average of C$0.28.

Baylin Technologies (TSE:BYL) last issued its earnings results on Wednesday, March 25th. The company reported C($0.02) earnings per share (EPS) for the quarter. Baylin Technologies had a positive return on equity of 46.06% and a negative net margin of 6.13%.The company had revenue of C$18.23 million during the quarter. As a group, research analysts anticipate that Baylin Technologies Inc. will post 0.0064781 earnings per share for the current fiscal year.

About Baylin Technologies

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.