Baylin Technologies (TSE:BYL) Hits New 1-Year Low – Should You Sell?

Baylin Technologies Inc. (TSE:BYL)’s stock price reached a new 52-week low on Thursday . The stock traded as low as C$0.20 and last traded at C$0.21, with a volume of 52505 shares. The stock had previously closed at C$0.22.

Wall Street Analysts Forecast Growth

Separately, Raymond James lowered their price objective on Baylin Technologies from C$0.50 to C$0.40 and set a “market perform” rating for the company in a research note on Friday, March 21st.

Baylin Technologies Stock Up 30.2 %

The company has a debt-to-equity ratio of -559.58, a current ratio of 0.86 and a quick ratio of 0.46. The firm’s fifty day moving average price is C$0.28 and its two-hundred day moving average price is C$0.38. The stock has a market cap of C$44.39 million, a price-to-earnings ratio of -3.01 and a beta of 1.29.

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.