Baylin Technologies (TSE:BYL) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

Key Points

• Baylin Technologies stock has recently crossed above its 50-day moving average of C$0.27, trading as high as C$0.38, but last closed at C$0.36.
• The company has a market capitalization of C$56.27 million, with a concerning price-to-earnings ratio of -3.82 and a significantly negative debt-to-equity ratio of -559.58.
• Baylin Technologies is a global wireless technology firm focused on the design and manufacture of RF products and satellite communications, marketed under brands like Galtronics and Advantech Wireless.

Baylin Technologies Inc. (TSE:BYL - Get Free Report)'s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.27 and traded as high as C$0.38. Baylin Technologies shares last traded at C$0.36, with a volume of 383,483 shares traded.

Baylin Technologies Stock Up 1.4%

The stock has a market cap of C$57.07 million, a P/E ratio of -3.88 and a beta of 1.29. The business has a 50-day simple moving average of C$0.27 and a 200-day simple moving average of C$0.27. The company has a quick ratio of 0.46, a current ratio of 0.86 and a debt-to-equity ratio of -559.58.

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.