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Baylin Technologies (TSE:BYL) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Baylin Technologies logo with Computer and Technology background

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.
  • Five stocks to consider instead of Baylin Technologies.

Shares of Baylin Technologies Inc. (TSE:BYL - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Baylin Technologies Stock Performance

The company has a market cap of C$53.90 million, a price-to-earnings ratio of -3.66 and a beta of 1.29. The company has a debt-to-equity ratio of -559.58, a quick ratio of 0.46 and a current ratio of 0.86. The business's 50 day moving average price is C$0.28 and its 200-day moving average price is C$0.27.

Baylin Technologies Company Profile

(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.

Further Reading

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