Baylin Technologies Inc (TSE:BYL) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.37 and traded as low as $2.99. Baylin Technologies shares last traded at $2.99, with a volume of 7,855 shares.
BYL has been the topic of several analyst reports. Cormark reduced their price target on Baylin Technologies from C$5.50 to C$4.75 in a report on Friday, August 9th. Raymond James reiterated an “outperform” rating and set a C$5.75 price target on shares of Baylin Technologies in a report on Thursday, August 8th.
The stock has a market capitalization of $123.64 million and a PE ratio of -21.56. The firm’s fifty day moving average is C$3.36 and its 200-day moving average is C$3.76. The company has a current ratio of 1.58, a quick ratio of 0.98 and a debt-to-equity ratio of 90.15.
Baylin Technologies Company Profile (TSE:BYL)
Baylin Technologies Inc, through its subsidiaries, engages in the research, designs, development, manufacture, and sale of a range of passive and active radio frequency (RF) and terrestrial microwave products in the North American and Asia. It offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems (DAS), and small cell system antennas.
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