Baylin Technologies (TSE:BYL) Rating Reiterated by Raymond James

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Baylin Technologies (TSE:BYL)‘s stock had its “outperform” rating reiterated by Raymond James in a note issued to investors on Thursday, BayStreet.CA reports. They currently have a C$5.75 price objective on the stock. Raymond James’ price objective would suggest a potential upside of 72.16% from the stock’s current price.

Shares of TSE BYL opened at C$3.34 on Thursday. The company’s 50 day moving average is C$3.55. Baylin Technologies has a 52 week low of C$3.19 and a 52 week high of C$4.50. The company has a quick ratio of 0.98, a current ratio of 1.58 and a debt-to-equity ratio of 69.60. The firm has a market capitalization of $134.52 million and a PE ratio of -27.83.

Baylin Technologies (TSE:BYL) last issued its quarterly earnings results on Monday, May 13th. The company reported C($0.19) EPS for the quarter, missing the consensus estimate of C$0.02 by C($0.21). The company had revenue of C$39.03 million during the quarter, compared to analysts’ expectations of C$38.90 million. As a group, sell-side analysts forecast that Baylin Technologies will post 0.28 earnings per share for the current fiscal year.

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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