Baylin Technologies (TSE:BYL) Sets New 1-Year High – Here’s What Happened

Baylin Technologies Inc. (TSE:BYL)’s share price reached a new 52-week high on Tuesday . The company traded as high as C$0.40 and last traded at C$0.36, with a volume of 89368 shares traded. The stock had previously closed at C$0.37.

Baylin Technologies Stock Down 2.7%

The company has a 50-day moving average of C$0.27 and a 200-day moving average of C$0.27. The company has a current ratio of 0.77, a quick ratio of 0.46 and a debt-to-equity ratio of -175.54. The company has a market capitalization of C$88.54 million, a price-to-earnings ratio of -9.00 and a beta of -0.24.

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

Baylin Technologies Company Profile

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.