Baylin Technologies (TSE:BYL) Shares Cross Below 200 Day Moving Average – Here’s Why

Baylin Technologies Inc. (TSE:BYL) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.27 and traded as low as C$0.25. Baylin Technologies shares last traded at C$0.27, with a volume of 128,647 shares changing hands.

Baylin Technologies Price Performance

The company has a 50 day moving average of C$0.29 and a 200-day moving average of C$0.27. The stock has a market capitalization of C$69.72 million, a P/E ratio of -6.62 and a beta of -0.28. The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of -175.54.

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