Baylin Technologies (TSE:BYL) Shares Pass Below 200-Day Moving Average – What’s Next?

Baylin Technologies Inc. (TSE:BYL) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.27 and traded as low as C$0.26. Baylin Technologies shares last traded at C$0.26, with a volume of 29,798 shares traded.

Baylin Technologies Stock Performance

The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of -175.54. The firm has a market cap of C$68.41 million, a price-to-earnings ratio of -6.50 and a beta of -0.28. The business has a 50 day moving average price of C$0.29 and a 200-day moving average price of C$0.27.

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