Baylin Technologies (TSE:BYL) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Baylin Technologies Inc. (TSE:BYL) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.29 and traded as low as C$0.25. Baylin Technologies shares last traded at C$0.26, with a volume of 94,830 shares trading hands.

Baylin Technologies Stock Performance

The business has a 50-day moving average of C$0.28 and a 200 day moving average of C$0.29. The company has a debt-to-equity ratio of -559.58, a current ratio of 0.86 and a quick ratio of 0.46. The company has a market cap of C$39.69 million, a PE ratio of -26.00 and a beta of 0.76.

Baylin Technologies (TSE:BYL) last released its quarterly earnings results on Wednesday, November 5th. The company reported C($0.01) earnings per share (EPS) for the quarter. Baylin Technologies had a negative net margin of 23.74% and a positive return on equity of 530.67%. The firm had revenue of C$16.75 million for the quarter. Equities research analysts anticipate that Baylin Technologies Inc. will post 0.0064781 EPS 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.