Baylin Technologies (TSE:BYL) Stock Price Down 32.3% – Here’s Why

Baylin Technologies Inc. (TSE:BYL – Get Free Report) shares fell 32.3% during mid-day trading on Wednesday. The stock traded as low as C$0.09 and last traded at C$0.10. 784,702 shares were traded during trading, an increase of 842% from the average daily volume of 83,270 shares. The stock had previously closed at C$0.15.

Baylin Technologies Stock Down 4.8%

The company has a current ratio of 1.10, a quick ratio of 0.46 and a debt-to-equity ratio of 157.34. The stock has a 50 day simple moving average of C$0.19 and a 200 day simple moving average of C$0.25. The firm has a market capitalization of C$28.14 million, a PE ratio of -0.83 and a beta of -0.83.

About Baylin Technologies

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Baylin is a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services.

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