Baylin Technologies (TSE:BYL) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Baylin Technologies Inc. (TSE:BYL)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.39 and traded as low as C$0.26. Baylin Technologies shares last traded at C$0.32, with a volume of 25,500 shares.

Baylin Technologies Price Performance

The business has a 50-day moving average of C$0.35 and a 200-day moving average of C$0.39. The company has a debt-to-equity ratio of -559.58, a quick ratio of 0.46 and a current ratio of 0.86. The stock has a market capitalization of C$50.73 million, a price-to-earnings ratio of -3.44 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.