Raymond James restated their market perform rating on shares of Baylin Technologies (TSE:BYL) in a research note issued to investors on Wednesday, BayStreet.CA reports. The brokerage currently has a C$2.80 price target on the stock. Raymond James also issued estimates for Baylin Technologies’ Q4 2019 earnings at $0.01 EPS, FY2019 earnings at ($0.14) EPS and FY2020 earnings at $0.11 EPS.
Several other research analysts also recently weighed in on the stock. National Bank Financial downgraded shares of Baylin Technologies from an outperform rating to a sector perform rating and dropped their target price for the stock from C$6.00 to C$2.75 in a report on Thursday, September 19th. Cormark downgraded shares of Baylin Technologies from a buy rating to a market perform rating in a report on Thursday, September 19th.
Shares of Baylin Technologies stock opened at C$1.98 on Wednesday. The company has a market capitalization of $81.47 million and a P/E ratio of -18.50. The company has a debt-to-equity ratio of 87.04, a quick ratio of 0.97 and a current ratio of 1.53. The company has a fifty day moving average of C$2.11 and a 200 day moving average of C$3.21. Baylin Technologies has a fifty-two week low of C$1.90 and a fifty-two week high of C$4.50.
About Baylin Technologies
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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