Market Resilience: Beyond Inc (BYON) Finishes Weak at 9.83, Down -2.58

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Beyond Inc (NYSE: BYON) closed the day trading at $9.83 down -2.58% from the previous closing price of $10.09. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 1.8 million shares were traded. BYON stock price reached its highest trading level at $10.09 during the session, while it also had its lowest trading level at $9.61.

Ratios:

For a better understanding of BYON, let’s look at its different ratios. 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:

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 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 449729376 and an Enterprise Value of 300923136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 0.196 whereas that against EBITDA is -1.506.

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 -17.81%, while the 200-Day Moving Average is calculated to be -52.96%.

Shares Statistics:

Over the past 3-months, BYON traded about 2.21M shares per day on average, while over the past 10 days, BYON traded about 1692640 shares per day. A total of 45.41M shares are outstanding, with a floating share count of 45.08M. Insiders hold about 1.48% of the company’s shares, while institutions hold 70.51% stake in the company. Shares short for BYON as of 1723680000 were 5666839 with a Short Ratio of 2.57, compared to 1721001600 on 4591777. Therefore, it implies a Short% of Shares Outstanding of 5666839 and a Short% of Float of 12.540000000000001.

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