Baylin Technologies (TSE:BYL) Stock Passes Above Fifty Day Moving Average – What’s Next?

Baylin Technologies Inc. (TSE:BYL) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.29 and traded as high as C$0.32. Baylin Technologies shares last traded at C$0.32, with a volume of 141,545 shares.

Baylin Technologies Stock Performance

The firm has a fifty day moving average of C$0.29 and a 200 day moving average of C$0.27. The company has a debt-to-equity ratio of -175.54, a current ratio of 0.77 and a quick ratio of 0.46. The stock has a market capitalization of C$84.19 million, a price-to-earnings ratio of -8.00 and a beta of -0.28.

Baylin Technologies (TSE:BYL) last announced its quarterly earnings results on Thursday, May 14th. The company reported C($0.02) earnings per share (EPS) for the quarter. The company had revenue of C$16.06 million during the quarter. Baylin Technologies had a negative net margin of 6.74% and a positive return on equity of 45.54%. On average, sell-side analysts anticipate that Baylin Technologies Inc. will post 0.0064781 earnings per share 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.