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

Baylin Technologies (TSE:BYL) had its price objective increased by research analysts at Raymond James from C$0.35 to C$0.50 in a research note issued to investors on Thursday,BayStreet.CA reports. Raymond James’ price target indicates a potential downside of 5.66% from the stock’s previous close.

Baylin Technologies Stock Down 1.9 %

Baylin Technologies stock traded down C$0.01 during mid-day trading on Thursday, reaching C$0.53. 41,768 shares of the company’s stock were exchanged, compared to its average volume of 48,404. 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. Baylin Technologies has a twelve month low of C$0.15 and a twelve month high of C$0.60. The company has a market cap of C$80.09 million, a P/E ratio of -3.79 and a beta of 1.29. The company has a fifty day moving average of C$0.42 and a 200-day moving average of C$0.32.

About Baylin Technologies

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.