Baylin Technologies (TSE:BYL) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Baylin Technologies Inc. (TSE:BYL) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.27 and traded as low as C$0.25. Baylin Technologies shares last traded at C$0.26, with a volume of 172,911 shares trading hands.

Baylin Technologies Price Performance

The stock has a market capitalization of C$68.41 million, a P/E ratio of -6.50 and a beta of -0.30. The company has a debt-to-equity ratio of -175.54, a quick ratio of 0.46 and a current ratio of 0.77. The firm has a fifty day moving average price of C$0.29 and a two-hundred day moving average price of C$0.27.

Baylin Technologies (TSE:BYL) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C($0.03) EPS for the quarter. The firm had revenue of C$22.02 million during the quarter. Baylin Technologies had a positive return on equity of 45.54% and a negative net margin of 6.74%. As a group, analysts expect that Baylin Technologies Inc. will post 0.0064781 EPS 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.