Baylin Technologies (TSE:BYL) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Baylin Technologies Inc. (TSE:BYL)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.28 and traded as low as C$0.26. Baylin Technologies shares last traded at C$0.29, with a volume of 178,318 shares.

Baylin Technologies Trading Up 11.5%

The company’s fifty day moving average is C$0.30 and its 200-day moving average is C$0.28. The company has a current ratio of 0.86, a quick ratio of 0.46 and a debt-to-equity ratio of -559.58. The firm has a market capitalization of C$44.23 million, a P/E ratio of -9.67 and a beta of 0.50.

Baylin Technologies (TSE:BYL) last released its earnings results on Wednesday, November 5th. The company reported C($0.01) earnings per share for the quarter. Baylin Technologies had a positive return on equity of 530.67% and a negative net margin of 23.74%.The firm had revenue of C$16.75 million for the quarter. As a group, sell-side analysts anticipate 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.