Baylin Technologies (TSE:BYL) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Baylin Technologies Inc. (TSE:BYL)’s share 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$0.27. Baylin Technologies shares last traded at C$0.27, with a volume of 5,529 shares trading hands.

Baylin Technologies Stock Performance

The firm has a market capitalization of C$41.23 million, a P/E ratio of -6.75 and a beta of -0.24. The company’s 50 day moving average is C$0.26 and its 200-day moving average 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.

Baylin Technologies (TSE:BYL) last issued its earnings results on Thursday, May 14th. The company reported C($0.02) earnings per share (EPS) for the quarter. The company had revenue of C$16.06 million for the quarter. Baylin Technologies had a positive return on equity of 45.54% and a negative net margin of 6.74%. As a group, equities analysts anticipate 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.