Raymond James Cuts Baylin Technologies (TSE:BYL) Price Target to C$0.40

Baylin Technologies (TSE:BYL) had its price target reduced by Raymond James from C$0.50 to C$0.40 in a research note issued to investors on Friday,BayStreet.CA reports. They currently have a market perform rating on the stock. Raymond James also issued estimates for Baylin Technologies’ Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at ($0.02) EPS and FY2026 earnings at ($0.02) EPS.

Baylin Technologies Price Performance

Shares of TSE BYL opened at C$0.27 on Friday. The stock has a market capitalization of C$42.01 million, a price-to-earnings ratio of -2.85 and a beta of 1.29. Baylin Technologies has a 52 week low of C$0.22 and a 52 week high of C$0.60. The firm has a 50-day simple moving average of C$0.32 and a 200-day simple moving average of C$0.39. The company has a quick ratio of 0.46, a current ratio of 0.86 and a debt-to-equity ratio of -559.58.

Baylin Technologies Company Profile

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.