Raymond James Issues Pessimistic Forecast for Baylin Technologies (TSE:BYL) Stock Price

Baylin Technologies (TSE:BYL) had its price objective lowered by stock analysts at Raymond James from C$0.50 to C$0.40 in a research report issued on Friday,BayStreet.CA reports. The firm currently has a “market perform” rating on the stock. Raymond James’ target price would suggest a potential upside of 50.94% from the company’s current price. Raymond James also issued estimates for Baylin Technologies’ Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at ($0.02) EPS and FY2026 earnings at ($0.02) EPS.

Baylin Technologies Stock Performance

Shares of BYL stock opened at C$0.27 on Friday. The firm has a market cap of C$42.01 million, a price-to-earnings ratio of -2.85 and a beta of 1.29. Baylin Technologies has a 52-week low of C$0.22 and a 52-week high of C$0.60. The company has a quick ratio of 0.46, a current ratio of 0.86 and a debt-to-equity ratio of -559.58. The company’s 50 day moving average is C$0.32 and its 200 day moving average is C$0.39.

About Baylin Technologies

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.