Baylin Technologies (TSE:BYL) Price Target Cut to C$0.40 by Analysts at Raymond James

Baylin Technologies (TSE:BYL) had its target price reduced by Raymond James from C$0.50 to C$0.40 in a research report sent to investors on Friday morning,BayStreet.CA reports. Raymond James currently has a market perform rating on the stock.

Baylin Technologies Stock Up 10.4 %

BYL stock 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. The company has a 50-day moving average of C$0.32 and a two-hundred day moving average of C$0.39. Baylin Technologies has a 52-week low of C$0.22 and a 52-week high of C$0.60. The company has a debt-to-equity ratio of -559.58, a current ratio of 0.86 and a quick ratio of 0.46.

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.