Baylin Technologies (TSE:BYL) Shares Up 2% – Here’s Why

Baylin Technologies Inc. (TSE:BYLGet Free Report) was up 2% during trading on Friday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 26,403 shares were traded during trading, a decline of 16% from the average daily volume of 31,537 shares. The stock had previously closed at C$0.25.

Baylin Technologies Price Performance

The company has a 50 day moving average price of C$0.27 and a 200-day moving average price of C$0.27. The company has a quick ratio of 0.46, a current ratio of 0.78 and a debt-to-equity ratio of -191.63. The company has a market cap of C$36.67 million, a price-to-earnings ratio of -8.00 and a beta of 0.06.

Baylin Technologies (TSE:BYLGet Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported C($0.02) earnings per share (EPS) for the quarter. Baylin Technologies had a negative net margin of 6.13% and a positive return on equity of 46.06%. The firm had revenue of C$16.06 million during the quarter. As a group, equities research analysts predict that Baylin Technologies Inc. will post 0.0064781 EPS for the current fiscal year.

About Baylin Technologies

(Get Free Report)

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.

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