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

Shares of Baylin Technologies Inc. (TSE:BYL – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.21 and last traded at C$0.22, with a volume of 64051 shares. The stock had previously closed at C$0.22.

Baylin Technologies Stock Down 2.3%

The company’s 50 day moving average is C$0.24 and its 200 day moving average is C$0.27. The company has a market cap of C$60.50 million, a PE ratio of -1.79 and a beta of -0.60. The company has a current ratio of 1.10, a quick ratio of 0.46 and a debt-to-equity ratio of 157.34.

Baylin Technologies (TSE:BYL – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported C($0.03) earnings per share for the quarter. Baylin Technologies had a negative net margin of 12.51% and a positive return on equity of 252.15%. The firm had revenue of C$22.02 million for the quarter. As a group, analysts predict that Baylin Technologies Inc. will post 0.0064781 earnings per share for the current fiscal 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.

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