Baylin Technologies Inc (TSE:BYL)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$1.72 and last traded at C$1.74, with a volume of 30025 shares traded. The stock had previously closed at C$1.80.
BYL has been the subject of a number of recent research reports. Raymond James reiterated a “market perform” rating and issued a C$2.80 price objective on shares of Baylin Technologies in a report on Wednesday, November 6th. Cormark cut shares of Baylin Technologies from a “buy” rating to a “market perform” rating in a report on Thursday, September 19th. Finally, National Bank Financial decreased their price objective on shares of Baylin Technologies from C$2.75 to C$2.50 and set a “sector perform” rating for the company in a report on Thursday, November 7th.
The stock has a market capitalization of $72.60 million and a P/E ratio of -16.17. The stock’s fifty day moving average is C$2.03 and its 200-day moving average is C$3.12. The company has a debt-to-equity ratio of 87.04, a current ratio of 1.53 and a quick ratio of 0.97.
Baylin Technologies Inc, through its subsidiaries, engages in the research, designs, development, manufacture, and sale of a range of passive and active radio frequency (RF) and terrestrial microwave products in the North American and Asia. It offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems (DAS), and small cell system antennas.
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