Baylin Technologies (TSE:BYL) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Baylin Technologies Inc. (TSE:BYL)’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.

Baylin Technologies Price Performance

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 stock has a 50-day simple moving average of C$0.29 and a 200 day simple moving average of C$0.27. The stock has a market capitalization of C$84.19 million, a price-to-earnings ratio of -8.00 and a beta of -0.28.

Baylin Technologies (TSE:BYL) last issued its 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 during the quarter. Baylin Technologies had a negative net margin of 6.74% and a positive return on equity of 45.54%. On average, equities research analysts forecast that Baylin Technologies Inc. will post 0.0064781 EPS for the current fiscal 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.