Baylin Technologies (TSE:BYL) Stock Price Up 20% – Here’s Why

Baylin Technologies Inc. (TSE:BYL – Get Free Report)’s stock price rose 20% during trading on Friday. The company traded as high as C$0.12 and last traded at C$0.12. Approximately 4,840,540 shares changed hands during trading, an increase of 4,399% from the average daily volume of 107,592 shares. The stock had previously closed at C$0.10.

Baylin Technologies Stock Up 20.0%

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 firm’s 50 day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.25. The firm has a market cap of C$33.77 million, a price-to-earnings ratio of -1.00 and a beta of -0.83.

Baylin Technologies Company Profile

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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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