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The closing price of Beyond Inc (NYSE: BYON) was $5.93 for the day, down -5.42% from the previous closing price of $6.27. In other words, the price has decreased by -$5.42 from its previous closing price. On the day, 2.65 million shares were traded. BYON stock price reached its highest trading level at $6.285 during the session, while it also had its lowest trading level at $5.64.
Ratios:
Our analysis of BYON’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 271699552 and an Enterprise Value of 167722608. 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 1.38. Its current Enterprise Value per Revenue stands at 0.114 whereas that against EBITDA is -0.824.
Stock Price History:
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 0.91%, while the 200-Day Moving Average is calculated to be -53.97%.
Shares Statistics:
BYON traded an average of 2.75M shares per day over the past three months and 3069270 shares per day over the past ten days. 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 60.53% stake in the company. Shares short for BYON as of 1734048000 were 7360729 with a Short Ratio of 2.68, compared to 1731628800 on 7801003. Therefore, it implies a Short% of Shares Outstanding of 7360729 and a Short% of Float of 16.259999999999998.
