Baylin Technologies (TSE:BYL) Shares Down 12.9% – Here’s What Happened

Baylin Technologies Inc. (TSE:BYL – Get Free Report)’s share price dropped 12.9% during mid-day trading on Thursday. The company traded as low as C$0.13 and last traded at C$0.14. Approximately 1,718,289 shares traded hands during mid-day trading, an increase of 2,118% from the average session volume of 77,458 shares. The stock had previously closed at C$0.15.

Baylin Technologies Trading Down 12.9%

The stock has a market cap of C$37.99 million, a P/E ratio of -1.13 and a beta of -0.26. The firm’s 50 day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.26. The company has a quick ratio of 0.46, a current ratio of 1.10 and a debt-to-equity ratio of 157.34.

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

Baylin Technologies Company Profile

(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.