For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Byrna Technologies Inc (NASDAQ: BYRN) closed the day trading at $26.15 down -3.29% from the previous closing price of $27.04. In other words, the price has decreased by -$3.29 from its previous closing price. On the day, 0.75 million shares were traded. BYRN stock price reached its highest trading level at $27.5 during the session, while it also had its lowest trading level at $25.58.
Ratios:
For a better understanding of BYRN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 3.51. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, ROTH MKM on August 28, 2024, initiated with a Buy rating and assigned the stock a target price of $14.
On April 26, 2022, Dawson James started tracking the stock assigning a Buy rating and target price of $12.
On August 20, 2021, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $36.Raymond James initiated its Strong Buy rating on August 20, 2021, with a $36 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 Nov 19 ’24 when Hughes Herbert sold 5,000 shares for $20.08 per share. The transaction valued at 100,377 led to the insider holds 117,089 shares of the business.
Ganz Bryan sold 18,826 shares of BYRN for $369,522 on Nov 19 ’24. The President and CEO now owns 378,059 shares after completing the transaction at $19.63 per share. On Nov 14 ’24, another insider, Ganz Bryan, who serves as the President and CEO of the company, sold 1,174 shares for $19.42 each. As a result, the insider received 22,797 and left with 396,885 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, BYRN now has a Market Capitalization of 587825856 and an Enterprise Value of 571038784. As of this moment, Byrna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 277.31, and their Forward P/E ratio for the next fiscal year is 55.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.01 while its Price-to-Book (P/B) ratio in mrq is 13.21. Its current Enterprise Value per Revenue stands at 7.778 whereas that against EBITDA is 180.594.
Stock Price History:
The Beta on a monthly basis for BYRN is 1.65, which has changed by 2.2935445 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, BYRN has reached a high of $32.58, while it has fallen to a 52-week low of $6.91. The 50-Day Moving Average of the stock is 1.24%, while the 200-Day Moving Average is calculated to be 62.16%.
Shares Statistics:
Over the past 3-months, BYRN traded about 509.36K shares per day on average, while over the past 10 days, BYRN traded about 423440 shares per day. A total of 22.50M shares are outstanding, with a floating share count of 17.26M. Insiders hold about 23.20% of the company’s shares, while institutions hold 42.74% stake in the company. Shares short for BYRN as of 1736899200 were 2449610 with a Short Ratio of 4.81, compared to 1734048000 on 3092381. Therefore, it implies a Short% of Shares Outstanding of 2449610 and a Short% of Float of 13.88.
