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

Baylin Technologies Inc. (TSE:BYL) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.22 and last traded at C$0.23, with a volume of 47650 shares traded. The stock had previously closed at C$0.23.

Baylin Technologies Stock Performance

The firm’s fifty day moving average price is C$0.25 and its 200-day moving average price is C$0.27. The company has a current ratio of 1.10, a quick ratio of 0.46 and a debt-to-equity ratio of 157.34. The company has a market cap of C$63.32 million, a P/E ratio of -1.88 and a beta of -0.60.

Baylin Technologies (TSE:BYL) last released 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 company had revenue of C$22.02 million during the quarter. As a group, research analysts forecast that Baylin Technologies Inc. will post 0.0064781 EPS for the current fiscal year.

About Baylin Technologies

Baylin is a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services.