Beyond Inc (BYON)’s latest performance is not what we had anticipated

A new trading day began on November 20, 2023, with Beyond Inc (NYSE: BYON) stock priced at $16.21, up 0.92% from the previous day of trading. During the day, the shares moved up to $16.7394 and dropped to $15.86 before settling in for the closing price of $16.22. BYON’s price has ranged from $13.71 to $39.27 over the past 52 weeks.

Annual sales at Consumer Cyclical sector company grew by 7.19% over the past five years. Meanwhile, its annual earnings per share averaged -464.54%. With a float of $44.51 million, this company’s outstanding shares have now reached $44.95 million.

Let’s look at the performance matrix of the company that is accounted for 1050 employees. In terms of profitability, gross margin is +22.15, operating margin of +1.40, and the pretax margin is -1.75.

Beyond Inc (BYON) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Retail Industry. The insider ownership of Beyond Inc is 1.76%, while institutional ownership is 68.95%. The most recent insider transaction that took place on Nov 14, was worth 99,792. In this transaction Director of this company bought 5,940 shares at a rate of $16.80, taking the stock ownership to the 166,248 shares. Before that another transaction happened on Nov 13, when Company’s Director bought 6,560 for $15.22, making the entire transaction worth $99,843. This insider now owns 160,308 shares in total.

Beyond Inc (BYON) Performance Highlights and Predictions

This company achieved a net margin of -1.83 while generating a return on equity of -5.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -464.54% per share during the next fiscal year.

Beyond Inc (NYSE: BYON) Trading Performance Indicators

Here are Beyond Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.62, a number that is poised to hit -0.82 in the next quarter and is forecasted to reach -2.16 in one year’s time.

Technical Analysis of Beyond Inc (BYON)

Beyond Inc (NYSE: BYON) saw its 5-day average volume 1.79 million, a negative change from its year-to-date volume of 2.04 million. As of the previous 9 days, the stock’s Stochastic %D was 40.09%. Additionally, its Average True Range was 1.18.

During the past 100 days, Beyond Inc’s (BYON) raw stochastic average was set at 10.41%, which indicates a significant decrease from 51.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.78% in the past 14 days, which was lower than the 84.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.56, while its 200-day Moving Average is $21.54. Nevertheless, the first resistance level for the watch stands at $16.79 in the near term. At $17.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.67. If the price goes on to break the first support level at $15.91, it is likely to go to the next support level at $15.44. Assuming the price breaks the second support level, the third support level stands at $15.03.

Beyond Inc (NYSE: BYON) Key Stats

With a market capitalization of 741.56 million, the company has a total of 45,305K Shares Outstanding. Currently, annual sales are 1,929 M while annual income is -35,240 K. The company’s previous quarter sales were 373,310 K while its latest quarter income was -63,050 K.