Baylin Technologies (TSE:BYL) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Baylin Technologies Inc. (TSE:BYL)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.29 and traded as low as C$0.27. Baylin Technologies shares last traded at C$0.27, with a volume of 10,015 shares changing hands.

Baylin Technologies Stock Up 3.9%

The company has a debt-to-equity ratio of -559.58, a quick ratio of 0.46 and a current ratio of 0.86. The stock has a market capitalization of C$40.45 million, a PE ratio of -26.50 and a beta of 0.29. The business has a 50 day moving average of C$0.27 and a two-hundred day moving average of C$0.29.

Baylin Technologies (TSE:BYL) last announced its earnings results on Wednesday, November 5th. The company reported C($0.01) EPS for the quarter. Baylin Technologies had a positive return on equity of 530.67% and a negative net margin of 23.74%.The firm had revenue of C$16.75 million during the quarter. Analysts predict that Baylin Technologies Inc. will post 0.0064781 EPS for the current 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.