Market Highlights: Beyond Inc (BYON) Ends on a Low Note at 10.35

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate 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 $10.35 in the last session, down -5.57% from day before closing price of $10.96. In other words, the price has decreased by -$5.57 from its previous closing price. On the day, 2.29 million shares were traded. BYON stock price reached its highest trading level at $10.9 during the session, while it also had its lowest trading level at $10.35.

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 1.08 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.14.

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, Maxim Group on May 08, 2024, Reiterated its Buy rating but revised its target price to $36 from $50 previously.

On April 17, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $50.Maxim Group initiated its Buy rating on April 17, 2024, with a $50 target price.

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 Aug 14 ’24 when Nettles William Benjamin JR sold 10,412 shares for $9.35 per share. The transaction valued at 97,352 led to the insider holds 11,368 shares of the business.

LEMONIS MARCUS bought 10,952 shares of BYON for $99,992 on Aug 14 ’24. The EXECUTIVE CHAIRMAN OF BOARD now owns 208,545 shares after completing the transaction at $9.13 per share. On Aug 14 ’24, another insider, Nettles William Benjamin JR, who serves as the Director of the company, bought 10,412 shares for $9.91 each.

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 473519776 and an Enterprise Value of 324713504. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 0.211 whereas that against EBITDA is -1.625.

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 $9.05. The 50-Day Moving Average of the stock is -8.59%, while the 200-Day Moving Average is calculated to be -49.36%.

Shares Statistics:

According to the various share statistics, BYON traded on average about 2.17M shares per day over the past 3-months and 2011390 shares per day over the past 10 days. A total of 45.41M shares are outstanding, with a floating share count of 45.12M. Insiders hold about 1.38% of the company’s shares, while institutions hold 66.15% stake in the company. Shares short for BYON as of 1724976000 were 5960894 with a Short Ratio of 2.75, compared to 1722384000 on 4864786. Therefore, it implies a Short% of Shares Outstanding of 5960894 and a Short% of Float of 13.19.

Most Popular