Raymond James Forecasts Strong Price Appreciation for Baylin Technologies (TSE:BYL) Stock

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

Baylin Technologies Stock Down 9.4 %

BYL stock traded down C$0.05 during trading hours on Thursday, hitting C$0.48. The company’s stock had a trading volume of 42,431 shares, compared to its average volume of 48,420. The company has a market capitalization of C$72.54 million, a PE ratio of -3.79 and a beta of 1.29. Baylin Technologies has a 12 month low of C$0.15 and a 12 month high of C$0.60. The stock has a 50 day moving average price of C$0.43 and a two-hundred day moving average price of C$0.32. 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 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.