Baylin Technologies (TSE:BYL) Rating Reiterated by Raymond James

Raymond James reissued their outperform rating on shares of Baylin Technologies (TSE:BYL) in a research note issued to investors on Monday morning, BayStreet.CA reports. The firm currently has a C$2.80 price objective on the stock.

Separately, National Bank Financial set a C$2.50 price objective on shares of Baylin Technologies and gave the stock a sector perform rating in a research note on Monday, December 16th.

BYL opened at C$1.99 on Monday. The firm has a market cap of $85.91 million and a price-to-earnings ratio of -18.60. Baylin Technologies has a fifty-two week low of C$1.56 and a fifty-two week high of C$4.50. The company’s 50-day moving average price is C$1.94 and its 200 day moving average price is C$2.49. The company has a quick ratio of 0.97, a current ratio of 1.53 and a debt-to-equity ratio of 87.04.

Baylin Technologies (TSE:BYL) last released its quarterly earnings data on Tuesday, November 5th. The company reported C($0.02) earnings per share for the quarter, topping the consensus estimate of C($0.04) by C$0.02. The business had revenue of C$36.43 million for the quarter, compared to analyst estimates of C$36.00 million. Research analysts anticipate that Baylin Technologies will post 0.04 earnings per share for the current year.

Baylin Technologies Company Profile

Baylin Technologies Inc, through its subsidiaries, engages in the research, designs, development, manufacture, and sale of a range of passive and active radio frequency (RF) and terrestrial microwave products in the North American and Asia. It offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems (DAS), and small cell system antennas.

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