Baylin Technologies (TSE:BYL) Share Price Passes Above 50-Day Moving Average – Here’s Why

Baylin Technologies Inc. (TSE:BYLGet Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.29 and traded as high as C$0.32. Baylin Technologies shares last traded at C$0.32, with a volume of 141,545 shares trading hands.

Baylin Technologies Trading Up 6.7%

The company has a 50 day simple moving average of C$0.29 and a 200 day simple moving average of C$0.27. The company has a market capitalization of C$84.19 million, a PE ratio of -8.00 and a beta of -0.28. The company has a debt-to-equity ratio of -175.54, a quick ratio of 0.46 and a current ratio of 0.77.

Baylin Technologies (TSE:BYLGet Free Report) last released its earnings results on Thursday, May 14th. The company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$16.06 million during the quarter. Baylin Technologies had a negative net margin of 6.74% and a positive return on equity of 45.54%. Analysts anticipate that Baylin Technologies Inc. will post 0.0064781 earnings per share for the current year.

Baylin Technologies Company Profile

(Get Free Report)

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.

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