Baylin Technologies (TSE:BYL) Reaches New 52-Week Low – Here’s Why

Shares of Baylin Technologies Inc. (TSE:BYL – Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as C$0.22 and last traded at C$0.23, with a volume of 47650 shares. The stock had previously closed at C$0.23.

Baylin Technologies Stock Performance

The company has a current ratio of 1.10, a quick ratio of 0.46 and a debt-to-equity ratio of 157.34. The business’s 50-day simple moving average is C$0.25 and its two-hundred day simple moving average is C$0.27. The company has a market capitalization of C$61.91 million, a PE ratio of -1.83 and a beta of -0.60.

Baylin Technologies (TSE:BYL – Get Free Report) 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. On average, analysts predict that Baylin Technologies Inc. will post 0.0064781 earnings per share for the current year.

Baylin Technologies Company Profile

(Get Free Report)

Baylin is a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services.

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