Raymond James Cuts Baylin Technologies (TSE:BYL) Price Target to C$0.40

Baylin Technologies (TSE:BYL) had its price objective decreased by investment analysts at Raymond James from C$0.50 to C$0.40 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm presently has a “market perform” rating on the stock. Raymond James’ price target points to a potential upside of 50.94% from the company’s current price. Raymond James also issued estimates for Baylin Technologies’ Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at ($0.02) EPS and FY2026 earnings at ($0.02) EPS.

Baylin Technologies Trading Up 10.4 %

TSE:BYL opened at C$0.27 on Friday. Baylin Technologies has a 12 month low of C$0.22 and a 12 month high of C$0.60. The firm has a fifty day simple moving average of C$0.32 and a 200-day simple moving average of C$0.39. The company has a current ratio of 0.86, a quick ratio of 0.46 and a debt-to-equity ratio of -559.58. The company has a market capitalization of C$42.01 million, a P/E ratio of -2.85 and a beta of 1.29.

Baylin Technologies Company Profile

Baylin Technologies Inc is a diversified global wireless technology company. The Company is focused on the research, design, development, manufacture and sale of passive and active radiofrequency (RF) products, satellite communications products, and supporting services. Its products are marketed and sold under the brand names Galtronics, Advantech Wireless, Alga Microwave and Mitec VSAT.