Baylin Technologies (TSE:BYL) Shares Cross Above Fifty Day Moving Average – What’s Next?

Baylin Technologies Inc. (TSE:BYL) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.42 and traded as high as C$0.45. Baylin Technologies shares last traded at C$0.41, with a volume of 6,016 shares traded.

Analyst Ratings Changes

Separately, Raymond James upped their price target on shares of Baylin Technologies from C$0.35 to C$0.50 in a research note on Thursday, November 7th.

Baylin Technologies Price Performance

The stock has a market capitalization of C$61.96 million, a price-to-earnings ratio of -2.93 and a beta of 1.29. The company’s 50-day simple moving average is C$0.42 and its 200 day simple moving average is C$0.37. The company has a quick ratio of 0.46, a current ratio of 0.88 and a debt-to-equity ratio of 6,925.42.

Baylin Technologies Company Profile

Baylin Technologies Inc is a diversified global wireless technology company. The Company is focused on the research, design, development, manufacture and sale of passive and active radiofrequency (RF) products, satellite communications products, and supporting services. Its products are marketed and sold under the brand names Galtronics, Advantech Wireless, Alga Microwave and Mitec VSAT.