Baylin Applied sciences (TSE:BYL) Hits New 1-12 months Low Following Analyst Downgrade

Baylin Technologies logoBaylin Applied sciences Inc. (TSE:BYL – Get Score)’s share value hit a brand new 52-week low on Thursday after Raymond James lowered their value goal on the inventory from C$1.35 to C$1.10. Raymond James at present has a market carry out ranking on the inventory. Baylin Applied sciences traded as little as C$0.43 and final traded at C$0.43, with a quantity of 64208 shares traded. The inventory had beforehand closed at C$0.45.

Baylin Applied sciences Inventory Down 4.4%

The corporate has a fast ratio of 0.57, a present ratio of 0.96 and a debt-to-equity ratio of 523.70. The corporate has a fifty day easy shifting common of C$0.49 and a 200-day easy shifting common of C$0.68. The agency has a market cap of C$34.45 million and a P/E ratio of -0.48.

Baylin Applied sciences (TSE:BYL – Get Score) final posted its quarterly earnings knowledge on Wednesday, Might eleventh. The corporate reported C($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.06) by C$0.02. The corporate had income of C$30.97 million for the quarter. On common, fairness analysts anticipate that Baylin Applied sciences Inc. will put up -0.12 earnings per share for the present 12 months.

Baylin Applied sciences Firm Profile

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Baylin Applied sciences Inc, along with its subsidiaries, researches, designs, develops, manufactures, and sells passive and energetic radio frequency (RF) merchandise, satellite tv for pc communications merchandise, and supporting companies. It affords embedded antennas to be used in smartphones, tablets, and different cell units; device-specific antennas for Wi-Fi routers; gateway units for sensible residence connectivity, set-top containers, and land cell radio merchandise; and indoor and out of doors distributed antenna programs (DAS), small cell system antennas, and base station antennas (BSA) for authentic gear producers, DAS, BSA, and small cell markets.

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