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Baylin Technologies (TSE:BYL) Shares Cross Above Fifty Day Moving Average - Here's What Happened

Baylin Technologies logo with Computer and Technology background

Baylin Technologies Inc. (TSE:BYL - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.42 and traded as high as C$0.45. Baylin Technologies shares last traded at C$0.41, with a volume of 6,016 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Raymond James boosted their price target on shares of Baylin Technologies from C$0.35 to C$0.50 in a report on Thursday, November 7th.

View Our Latest Stock Report on BYL

Baylin Technologies Trading Down 7.3 %

The firm has a market capitalization of C$57.43 million, a price-to-earnings ratio of -2.71 and a beta of 1.29. The company has a fifty day moving average price of C$0.42 and a 200-day moving average price of C$0.37. The company has a current ratio of 0.88, a quick ratio of 0.46 and a debt-to-equity ratio of 6,925.42.

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.

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