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

Baylin Technologies Inc. (TSE:BYL)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.27 and traded as high as C$0.29. Baylin Technologies shares last traded at C$0.27, with a volume of 33,056 shares changing hands.

Baylin Technologies Trading Up 1.9%

The company has a debt-to-equity ratio of -191.63, a quick ratio of 0.46 and a current ratio of 0.78. The stock has a market cap of C$41.21 million, a P/E ratio of -9.00 and a beta of -0.01. The stock has a 50-day moving average price of C$0.27 and a 200-day moving average price of C$0.28.

Baylin Technologies (TSE:BYL) last posted its quarterly earnings data on Wednesday, March 25th. The company reported C($0.02) earnings per share for the quarter. Baylin Technologies had a negative net margin of 6.13% and a positive return on equity of 46.06%. The company had revenue of C$18.23 million for the quarter. On average, equities research analysts expect that Baylin Technologies Inc. will post 0.0064781 EPS for the current 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.