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The closing price of Beyond Inc (NYSE: BYON) was $14.93 for the day, down -1.78% from the previous closing price of $15.20. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 2.2 million shares were traded. BYON stock price reached its highest trading level at $15.54 during the session, while it also had its lowest trading level at $14.57.
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 1.19 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.
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:
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 Jun 06 ’24 when LEMONIS MARCUS bought 17,075 shares for $14.61 per share. The transaction valued at 249,466 led to the insider holds 186,973 shares of the business.
Burkey Joanna Catherine sold 610 shares of BYON for $10,205 on May 22 ’24. The Director now owns 5,372 shares after completing the transaction at $16.73 per share. On May 09 ’24, another insider, Shapiro Robert Jacob, who serves as the Director of the company, bought 2,000 shares for $17.28 each. As a result, the insider paid 34,560 and bolstered with 28,728 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 695219968 and an Enterprise Value of 463743136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 2.37. Its current Enterprise Value per Revenue stands at 0.297 whereas that against EBITDA is -2.964.
Stock Price History:
Over the past 52 weeks, BYON has reached a high of $39.27, while it has fallen to a 52-week low of $13.71. The 50-Day Moving Average of the stock is -33.21%, while the 200-Day Moving Average is calculated to be -34.32%.
Shares Statistics:
BYON traded an average of 1.86M shares per day over the past three months and 1550730 shares per day over the past ten days. A total of 45.41M shares are outstanding, with a floating share count of 45.04M. Insiders hold about 1.52% of the company’s shares, while institutions hold 68.45% stake in the company. Shares short for BYON as of 1715731200 were 3809698 with a Short Ratio of 2.05, compared to 1713139200 on 3869445. Therefore, it implies a Short% of Shares Outstanding of 3809698 and a Short% of Float of 8.430000399999999.
