Baylin Technologies (TSE:BYL) Stock Price Down 12.9% – Should You Sell?

Baylin Technologies Inc. (TSE:BYL)’s stock price dropped 12.9% during mid-day trading on Thursday. The company traded as low as C$0.13 and last traded at C$0.14. 1,718,289 shares traded hands during mid-day trading, an increase of 2,118% from the average daily volume of 77,458 shares. The stock had previously closed at C$0.15.

Baylin Technologies Price Performance

The firm has a market capitalization of C$37.99 million, a price-to-earnings ratio of -1.13 and a beta of -0.26. The stock’s fifty day moving average price is C$0.21 and its two-hundred day moving average price is C$0.26. The company has a current ratio of 1.10, a quick ratio of 0.46 and a debt-to-equity ratio of 157.34.

Baylin Technologies (TSE:BYL) last released its earnings results on Wednesday, August 5th. The company reported C($0.03) earnings per share (EPS) for the quarter. The business had revenue of C$22.02 million for the quarter. Baylin Technologies had a positive return on equity of 252.15% and a negative net margin of 12.51%. Equities research analysts expect that Baylin Technologies Inc. will post 0.01 EPS for the current year.

Baylin Technologies Company Profile

Baylin is a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services.