Baylin Technologies (BYL) Shares Down 4.1%

Baylin Technologies Inc (TSE:BYL) was down 4.1% on Thursday . The company traded as low as C$3.76 and last traded at C$3.76. Approximately 40,707 shares traded hands during trading, a decline of 22% from the average daily volume of 52,440 shares. The stock had previously closed at C$3.92.

Separately, Raymond James Financial lifted their target price on Baylin Technologies from C$4.25 to C$5.50 and gave the stock an “outperform” rating in a research report on Thursday, January 18th.

The company has a market capitalization of $118.62, a PE ratio of -13.36 and a beta of 0.05.

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About Baylin Technologies

Baylin Technologies Inc is a provider of wireless antenna solutions. The Company is engaged in designing, manufacturing and supplying antennas. The Company and its subsidiaries operate in the field of research, development, manufacture and sales of a range of antennas and communications solutions for the mobile, networking and wireless infrastructure markets, primarily in the Far East and North America.

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