Baylin Technologies (TSE:BYL) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Baylin Technologies Inc. (TSE:BYL) crossed below its two hundred day moving average during trading on Friday . 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$0.26, with a volume of 4,915 shares traded.

Baylin Technologies Stock Performance

The company has a market cap of C$38.96 million, a P/E ratio of -8.50 and a beta of -0.01. The company has a 50 day moving average price of C$0.27 and a 200-day moving average price of C$0.28. The company has a quick ratio of 0.46, a current ratio of 0.78 and a debt-to-equity ratio of -191.63.

Baylin Technologies (TSE:BYL) last announced its earnings results 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 firm had revenue of C$18.23 million for the quarter. Equities analysts expect 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.