Insider Selling: Baylin Technologies Inc. (TSE:BYL) Senior Officer Sells C$24,000.00 in Stock

Baylin Technologies Inc. (TSE:BYL) Senior Officer Dan Nohdomi sold 50,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$0.48, for a total transaction of C$24,000.00.

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

• On Monday, December 16th, Dan Nohdomi sold 45,000 shares of Baylin Technologies stock. The stock was sold at an average price of C$0.43, for a total value of C$19,350.00.
• 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 Stock Down 2.5 %

BYL opened at C$0.39 on Friday. The company has a market capitalization of C$58.18 million, a P/E ratio of -2.75 and a beta of 1.29. The company has a debt-to-equity ratio of 6,925.42, a current ratio of 0.88 and a quick ratio of 0.46. The firm’s fifty day moving average price is C$0.41 and its two-hundred day moving average price is C$0.37. Baylin Technologies Inc. has a fifty-two week low of C$0.21 and a fifty-two week high of C$0.60.

Wall Street Analysts Forecast Growth

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

About Baylin Technologies

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.