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After finishing at $7.64 in the prior trading day, Beyond Inc (NYSE: BYON) closed at $6.92, down -9.42%. In other words, the price has decreased by -$9.42 from its previous closing price. On the day, 4.48 million shares were traded.
Ratios:
Our goal is to gain a better understanding of BYON by taking a closer look at its different ratios. 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.
On October 25, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $13 to $9.
Maxim Group reiterated its Buy rating for the stock on October 25, 2024, while the target price for the stock was revised from $33 to $26.
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 1.62.
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 $4.45. The 50-Day Moving Average of the stock is 3.00%, while the 200-Day Moving Average is calculated to be -30.96%.
Shares Statistics:
A total of 45.82M shares are outstanding, with a floating share count of 45.14M. Insiders hold about 1.97% of the company’s shares, while institutions hold 69.06% stake in the company.
