In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Beyond Inc (NYSE: BYON) closed at $6.06 in the last session, up 0.83% from day before closing price of $6.01. In other words, the price has increased by $0.83 from its previous closing price. On the day, 2.48 million shares were traded. BYON stock price reached its highest trading level at $6.415 during the session, while it also had its lowest trading level at $6.05.
Ratios:
We take a closer look at BYON’s different ratios to gain a better understanding of the stock. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on October 25, 2024, Reiterated its Buy rating but revised its target price to $9 from $13 previously.
On October 25, 2024, Maxim Group reiterated its Buy rating and also upped its target price recommendation from $33 to $26.
BofA Securities Downgraded its Neutral to Underperform on October 25, 2024, whereas the target price for the stock was revised from $12.50 to $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 277655872 and an Enterprise Value of 173678928. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 0.118 whereas that against EBITDA is -0.854.
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 $5.57. The 50-Day Moving Average of the stock is -20.62%, while the 200-Day Moving Average is calculated to be -61.51%.
Shares Statistics:
According to the various share statistics, BYON traded on average about 2.37M shares per day over the past 3-months and 2251080 shares per day over the past 10 days. A total of 45.82M shares are outstanding, with a floating share count of 45.18M. Insiders hold about 1.88% of the company’s shares, while institutions hold 60.43% stake in the company. Shares short for BYON as of 1731628800 were 7801003 with a Short Ratio of 3.29, compared to 1728950400 on 6336298. Therefore, it implies a Short% of Shares Outstanding of 7801003 and a Short% of Float of 17.23.
