Baylin Technologies (TSE:BYL) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Baylin Technologies Inc. (TSE:BYLGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.39 and traded as low as C$0.26. Baylin Technologies shares last traded at C$0.27, with a volume of 14,120 shares.

Baylin Technologies Price Performance

The business has a fifty day moving average price of C$0.33 and a 200-day moving average price of C$0.39. The company has a current ratio of 0.86, a quick ratio of 0.46 and a debt-to-equity ratio of -559.58. The stock has a market capitalization of C$42.80 million, a PE ratio of -2.91 and a beta of 1.29.

About Baylin Technologies

(Get Free Report)

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.

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