Baylin Technologies (TSE:BYL) Stock Price Down 8.5% – Here’s What Happened

Baylin Technologies Inc. (TSE:BYL) fell 8.5% during mid-day trading on Tuesday . The stock traded as low as C$0.27 and last traded at C$0.27. Approximately 394,327 shares traded hands during trading, an increase of 482% from the average session volume of 67,774 shares. The stock had previously closed at C$0.29.

Baylin Technologies Trading Down 8.5%

The company has a debt-to-equity ratio of -175.54, a current ratio of 0.77 and a quick ratio of 0.46. The firm has a market capitalization of C$71.04 million, a PE ratio of -6.75 and a beta of -0.28. The company has a fifty day moving average of C$0.29 and a 200-day moving average of C$0.27.

Baylin Technologies (TSE:BYL) last posted its quarterly earnings data on Thursday, May 14th. The company reported C($0.02) EPS for the quarter. Baylin Technologies had a positive return on equity of 45.54% and a negative net margin of 6.74%.The business had revenue of C$16.06 million during the quarter. On average, sell-side analysts anticipate that Baylin Technologies Inc. will post 0.0064781 earnings per share for the current fiscal 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.