Baylin Technologies (TSE:BYL) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Shares of Baylin Technologies Inc. (TSE:BYL) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.27 and traded as high as C$0.28. Baylin Technologies shares last traded at C$0.28, with a volume of 25,111 shares trading hands.

Baylin Technologies Trading Up 3.7%

The firm has a market capitalization of C$42.78 million, a price-to-earnings ratio of -9.33 and a beta of -0.01. The firm’s 50 day moving average is C$0.27 and its 200 day moving average is 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 released its earnings results on Wednesday, March 25th. The company reported C($0.02) EPS for the quarter. Baylin Technologies had a negative net margin of 6.13% and a positive return on equity of 46.06%. The business had revenue of C$18.23 million for the quarter. Equities analysts forecast that Baylin Technologies Inc. will post 0.0064781 earnings per share 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.