Market Watch: Beyond Inc (BYON)’s Noteworthy Gain, Closing at 10.20

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As of close of business last night, Beyond Inc’s stock clocked out at $10.20, up 2.20% from its previous closing price of $9.98. In other words, the price has increased by $2.20 from its previous closing price. On the day, 0.93 million shares were traded. BYON stock price reached its highest trading level at $10.4 during the session, while it also had its lowest trading level at $10.04.

Ratios:

To gain a deeper understanding of BYON’s stock, we examine 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 466657120 and an Enterprise Value of 317850880. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 0.207 whereas that against EBITDA is -1.591.

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 -6.67%, while the 200-Day Moving Average is calculated to be -49.31%.

Shares Statistics:

It appears that BYON traded 2.18M shares on average per day over the past three months and 1764180 shares per day over the past ten 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 66.18% stake in the company. Shares short for BYON as of 1726185600 were 6361663 with a Short Ratio of 2.91, compared to 1723680000 on 5666839. Therefore, it implies a Short% of Shares Outstanding of 6361663 and a Short% of Float of 14.069999999999999.

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