Baylin Technologies (BYL) Sets New 52-Week High at $4.23

Shares of Baylin Technologies Inc (TSE:BYL) hit a new 52-week high during trading on Thursday . The stock traded as high as C$4.23 and last traded at C$4.21, with a volume of 123450 shares. The stock had previously closed at C$4.00.

Several analysts recently commented on BYL shares. Raymond James raised their price objective on Baylin Technologies from C$5.50 to C$5.75 and gave the stock an “outperform” rating in a research note on Saturday, July 14th. National Bank Financial reaffirmed an “outperform” rating and set a C$6.00 price objective on shares of Baylin Technologies in a research note on Friday, September 7th.

Baylin Technologies (TSE:BYL) last released its earnings results on Wednesday, August 1st. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$32.58 million during the quarter. Baylin Technologies had a return on equity of 10.22% and a net margin of 3.30%.

In other news, Director Randy Dewey bought 11,290 shares of the stock in a transaction on Tuesday, July 10th. The stock was purchased at an average price of C$3.10 per share, for a total transaction of C$34,999.00.

Baylin Technologies Company Profile (TSE:BYL)

Baylin Technologies Inc, through its subsidiaries, engages in the research, development, manufacture, and sale of a range of antennas and communications solutions for the mobile, networking, small cell, DAS, and base station markets primarily in the North American and Asia Pacific regions. The company offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems, and small cell system antennas.

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