A new trading day began on Friday, with Beyond Inc (NYSE: BYON) stock price down -4.78% from the previous day of trading, before settling in for the closing price of $6.69. BYON’s price has ranged from $6.30 to $37.10 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 2.49% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -97.39%. With a float of $45.12 million, this company’s outstanding shares have now reached $45.41 million.
In an organization with 830 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 19.0%, operating margin of 4.06%, and the pretax margin is -18.39%.
Beyond Inc (BYON) Insider and Institutional Ownership
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 1.38%, while institutional ownership is 66.38%. The most recent insider transaction that took place on Aug 14 ’24, was worth 97,352. In this transaction Director of this company sold 10,412 shares at a rate of $9.35, taking the stock ownership to the 11,368 shares. Before that another transaction happened on Aug 14 ’24, when Company’s EXECUTIVE CHAIRMAN OF BOARD bought 10,952 for $9.13, making the entire transaction worth $99,992. This insider now owns 208,545 shares in total.
Beyond Inc (BYON) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -1.22 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -97.39% 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 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.44, a number that is poised to hit -0.71 in the next quarter and is forecasted to reach -1.57 in one year’s time.
Technical Analysis of Beyond Inc (BYON)
Let’s dig in a bit further. During the last 5-days, its volume was 5.08 million. That was better than the volume of 1.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.07%. Additionally, its Average True Range was 0.85.
During the past 100 days, Beyond Inc’s (BYON) raw stochastic average was set at 2.97%, which indicates a significant decrease from 5.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 144.69% in the past 14 days, which was higher than the 93.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.15, while its 200-day Moving Average is $18.43. However, in the short run, Beyond Inc’s stock first resistance to watch stands at $6.66. Second resistance stands at $6.95. The third major resistance level sits at $7.25. If the price goes on to break the first support level at $6.07, it is likely to go to the next support level at $5.77. The third support level lies at $5.48 if the price breaches the second support level.
Beyond Inc (NYSE: BYON) Key Stats
With a market capitalization of 291.43 million, the company has a total of 45,750K Shares Outstanding. Currently, annual sales are 1,561 M while annual income is -307,840 K. The company’s previous quarter sales were 311,430 K while its latest quarter income was -61,030 K.
