For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $5.55 in the prior trading day, Beyond Inc (NYSE: BYON) closed at $5.78, up 4.14%. In other words, the price has increased by $4.14 from its previous closing price. On the day, 1.46 million shares were traded. BYON stock price reached its highest trading level at $5.985 during the session, while it also had its lowest trading level at $5.655.
Ratios:
Our goal is to gain a better understanding of BYON by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
On October 25, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $13 to $9.
Maxim Group reiterated its Buy rating for the stock on October 25, 2024, while the target price for the stock was revised from $33 to $26.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 28 ’24 when LEMONIS MARCUS bought 71,428 shares for $7.00 per share. The transaction valued at 499,996 led to the insider holds 436,958 shares of the business.
LEMONIS MARCUS bought 156,985 shares of BYON for $999,994 on Oct 27 ’24. The EXECUTIVE CHAIRMAN OF BOARD now owns 365,530 shares after completing the transaction at $6.37 per share. On Aug 14 ’24, another insider, Nettles William Benjamin JR, who serves as the Director of the company, sold 10,412 shares for $9.35 each. As a result, the insider received 97,352 and left with 11,368 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BYON now has a Market Capitalization of 264826896 and an Enterprise Value of 160849936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 0.109 whereas that against EBITDA is -0.79.
Stock Price History:
The Beta on a monthly basis for BYON is 3.74, which has changed by -0.76382977 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, BYON has reached a high of $37.10, while it has fallen to a 52-week low of $4.45. The 50-Day Moving Average of the stock is -0.50%, while the 200-Day Moving Average is calculated to be -52.95%.
Shares Statistics:
The stock has traded on average 2.82M shares per day over the past 3-months and 3009890 shares per day over the last 10 days, according to various share statistics. A total of 45.82M shares are outstanding, with a floating share count of 45.18M. Insiders hold about 1.87% of the company’s shares, while institutions hold 60.32% stake in the company. Shares short for BYON as of 1735603200 were 8641918 with a Short Ratio of 3.06, compared to 1732838400 on 7644660. Therefore, it implies a Short% of Shares Outstanding of 8641918 and a Short% of Float of 19.09.
