Raymond James Issues Positive Forecast for Baylin Technologies (TSE:BYL) Stock Price

Baylin Technologies (TSE:BYL) had its price target hoisted by Raymond James from C$0.35 to C$0.50 in a report released on Thursday,BayStreet.CA reports.

Baylin Technologies Stock Performance

Shares of TSE BYL traded down C$0.05 during trading on Thursday, reaching C$0.48. 42,431 shares of the company traded hands, compared to its average volume of 48,420. The firm has a 50 day simple moving average of C$0.43 and a 200-day simple moving average of C$0.32. Baylin Technologies has a 52-week low of C$0.15 and a 52-week high of C$0.60. 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 stock has a market capitalization of C$72.54 million, a PE ratio of -3.79 and a beta of 1.29.

Baylin Technologies Company Profile

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.