Baylin Technologies (TSE:BYL) Shares Down 10.5% – Should You Sell?

Baylin Technologies Inc. (TSE:BYL – Get Free Report)’s share price dropped 10.5% during mid-day trading on Friday. The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 132,711 shares changed hands during mid-day trading, an increase of 98% from the average session volume of 67,178 shares. The stock had previously closed at C$0.19.

Baylin Technologies Stock Performance

The stock has a market capitalization of C$46.43 million, a price-to-earnings ratio of -1.38 and a beta of -0.26. The company has a debt-to-equity ratio of 157.34, a current ratio of 1.10 and a quick ratio of 0.46. The stock has a 50-day moving average of C$0.23 and a 200 day moving average of C$0.26.

Baylin Technologies (TSE:BYL – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported C($0.03) earnings per share (EPS) for the quarter. The business had revenue of C$22.02 million for the quarter. Baylin Technologies had a negative net margin of 12.51% and a positive return on equity of 252.15%. On average, analysts expect that Baylin Technologies Inc. will post 0.01 EPS for the current year.

About Baylin Technologies

(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.

Further Reading

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