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

Baylin Technologies logo with Computer and Technology background

Baylin Technologies Inc. (TSE:BYL - Get Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.44 and traded as high as C$0.46. Baylin Technologies shares last traded at C$0.46, with a volume of 70,645 shares traded.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on Baylin Technologies

Baylin Technologies Trading Up 3.3 %

The business has a 50-day simple moving average of C$0.45 and a two-hundred day simple moving average of C$0.33. The stock has a market cap of C$71.78 million, a price-to-earnings ratio of -3.39 and a beta of 1.29. The company has a debt-to-equity ratio of 6,925.42, a current ratio of 0.88 and a quick ratio of 0.46.

About Baylin Technologies

(Get Free Report)

Baylin Technologies Inc, together with its subsidiaries, researches, designs, develops, manufactures, and sells passive and active radio frequency (RF) products, satellite communications products, and supporting services. It offers embedded antennas for use in smartphones, tablets, and other mobile devices; device-specific antennas for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products.

Further Reading

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