What is Raymond James' Estimate for TSE:BYL FY2024 Earnings?

Baylin Technologies Inc. (TSE:BYL - Free Report) - Research analysts at Raymond James decreased their FY2024 earnings per share (EPS) estimates for shares of Baylin Technologies in a research report issued on Wednesday, November 6th. Raymond James analyst S. Li now forecasts that the company will earn ($0.03) per share for the year, down from their prior forecast of ($0.02). The consensus estimate for Baylin Technologies' current full-year earnings is $0.01 per share.

Baylin Technologies Trading Down 6.7 %

Shares of Baylin Technologies stock traded down C$0.03 during trading hours on Monday, reaching C$0.42. The stock had a trading volume of 33,686 shares, compared to its average volume of 48,443. The firm has a market capitalization of C$63.47 million, a price-to-earnings ratio of -3.21 and a beta of 1.29. Baylin Technologies has a 1 year low of C$0.15 and a 1 year high of C$0.60. 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. The firm has a 50 day simple moving average of C$0.43 and a two-hundred day simple moving average of C$0.32.

About Baylin Technologies

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.