Baylin Technologies (TSE:BYL) Shares Pass Above 50 Day Moving Average – Should You Sell?

Baylin Technologies Inc. (TSE:BYL) passed above its 50 day moving average during trading on Monday . The stock has a 50 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 trading hands.

Analyst Ratings Changes

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

Baylin Technologies Price Performance

The company has a quick ratio of 0.46, a current ratio of 0.88 and a debt-to-equity ratio of 6,925.42. The company’s fifty day moving average is C$0.42 and its 200 day moving average is C$0.37. The firm has a market cap of C$58.94 million, a price-to-earnings ratio of -2.79 and a beta of 1.29.

About Baylin Technologies

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.