Baylin Technologies (TSE:BYL) Share 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 Wednesday . The stock has a 200-day moving average of C$0.27 and traded as low as C$0.26. Baylin Technologies shares last traded at C$0.26, with a volume of 29,798 shares traded.

Baylin Technologies Price Performance

The company’s 50-day moving average price is C$0.29 and its 200-day moving average price is C$0.27. The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of -175.54. The firm has a market cap of C$68.41 million, a price-to-earnings ratio of -6.50 and a beta of -0.28.

Baylin Technologies (TSE:BYL) last announced its quarterly earnings data on Thursday, May 14th. The company reported C($0.02) earnings per share for the quarter. The business 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, equities research analysts forecast 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.