Baylin Technologies (TSE:BYL) Shares Climb 14.3% – Here’s Why

Baylin Technologies Inc. (TSE:BYL – Get Free Report)’s stock price traded up 14.3% during mid-day trading on Wednesday. The company traded as high as C$0.20 and last traded at C$0.20. Approximately 237,398 shares were traded during trading, an increase of 254% from the average session volume of 67,023 shares. The stock had previously closed at C$0.17.

Baylin Technologies Stock Performance

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 stock has a 50-day simple moving average of C$0.23 and a 200-day simple moving average of C$0.26. The company has a market capitalization of C$56.28 million, a price-to-earnings ratio of -1.67 and a beta of -0.26.

Baylin Technologies (TSE:BYL – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C($0.03) earnings per share (EPS) for the quarter. The firm had revenue of C$22.02 million for the quarter. Baylin Technologies had a negative net margin of 12.51% and a positive return on equity of 252.15%. On average, analysts anticipate that Baylin Technologies Inc. will post 0.01 earnings per share for the current year.

About Baylin Technologies

(Get Free Report)

Baylin is a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services.

Featured Articles

Receive News & Ratings for Baylin Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baylin Technologies and related companies with MarketBeat.com's FREE daily email newsletter.