Baylin Technologies (TSE:BYL) Stock Crosses Below 200 Day Moving Average – Here’s Why

Baylin Technologies Inc. (TSE:BYL)’s stock price passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of C$0.27 and traded as low as C$0.23. Baylin Technologies shares last traded at C$0.23, with a volume of 2,795 shares.

Baylin Technologies Stock Down 2.2%

The company has a debt-to-equity ratio of 157.34, a quick ratio of 0.46 and a current ratio of 1.10. The stock has a market cap of C$61.91 million, a P/E ratio of -1.83 and a beta of -0.60. The stock’s fifty day simple moving average is C$0.25 and its 200-day simple moving average is C$0.27.

Baylin Technologies (TSE:BYL) last announced its earnings results on Wednesday, August 5th. The company reported C($0.03) earnings per share (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. As a group, research analysts forecast that Baylin Technologies Inc. will post 0.0064781 earnings per share for the current fiscal 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.