Insider Selling: Baylin Technologies Inc. (TSE:BYL) Senior Officer Sells 45,000 Shares of Stock

Baylin Technologies Inc. (TSE:BYL) Senior Officer Dan Nohdomi sold 45,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of C$0.43, for a total transaction of C$19,350.00.

Dan Nohdomi also recently made the following trade(s):

• On Friday, November 8th, Dan Nohdomi sold 50,000 shares of Baylin Technologies stock. The shares were sold at an average price of C$0.48, for a total transaction of C$24,000.00.
• On Thursday, December 12th, Dan Nohdomi sold 50,000 shares of Baylin Technologies stock. The shares were sold at an average price of C$0.48, for a total value of C$24,000.00.

Baylin Technologies Trading Down 7.3 %

Shares of Baylin Technologies stock opened at C$0.38 on Wednesday. The firm’s 50 day moving average is C$0.42 and its 200 day moving average is C$0.37. The firm has a market capitalization of C$57.43 million, a PE ratio of -2.71 and a beta of 1.29. Baylin Technologies Inc. has a 1 year low of C$0.19 and a 1 year high of C$0.60. The company has a current ratio of 0.88, a quick ratio of 0.46 and a debt-to-equity ratio of 6,925.42.

Wall Street Analyst Weigh In

Separately, Raymond James raised their price objective on Baylin Technologies from C$0.35 to C$0.50 in a research note on Thursday, November 7th.

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.