$598.93K in average volume shows that Byrna Technologies Inc (BYRN) is heading in the right direction

A new trading day began on Monday, with Byrna Technologies Inc (NASDAQ: BYRN) stock price down -5.17% from the previous day of trading, before settling in for the closing price of $19.33. BYRN’s price has ranged from $5.11 to $22.12 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 462.32%. Meanwhile, its annual earnings per share averaged 170.95%. With a float of $17.38 million, this company’s outstanding shares have now reached $22.50 million.

Let’s determine the extent of company efficiency that accounts for 106 employees. In terms of profitability, gross margin is 60.28%, operating margin of 2.59%, and the pretax margin is 3.47%.

Byrna Technologies Inc (BYRN) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of Byrna Technologies Inc is 22.69%, while institutional ownership is 42.99%. The most recent insider transaction that took place on Nov 19 ’24, was worth 100,377. In this transaction Chairman of the Board of this company sold 5,000 shares at a rate of $20.08, taking the stock ownership to the 117,089 shares. Before that another transaction happened on Nov 19 ’24, when Company’s President and CEO sold 18,826 for $19.63, making the entire transaction worth $369,522. This insider now owns 378,059 shares in total.

Byrna Technologies Inc (BYRN) Earnings and Forecasts

In its latest quarterly report, released on 8/31/2024, the company reported earnings of -0.01 per share, which was $0.1 higher 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 -0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 170.95% per share during the next fiscal year.

Byrna Technologies Inc (NASDAQ: BYRN) Trading Performance Indicators

Here are Byrna Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.69. Likewise, its price to free cash flow for the trailing twelve months is 41.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.38 in one year’s time.

Technical Analysis of Byrna Technologies Inc (BYRN)

Looking closely at Byrna Technologies Inc (NASDAQ: BYRN), its last 5-days average volume was 0.48 million, which is a jump from its year-to-date volume of 0.33 million. As of the previous 9 days, the stock’s Stochastic %D was 25.44%. Additionally, its Average True Range was 1.48.

During the past 100 days, Byrna Technologies Inc’s (BYRN) raw stochastic average was set at 73.55%, which indicates a significant increase from 15.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.99% in the past 14 days, which was lower than the 93.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.05, while its 200-day Moving Average is $13.21. However, in the short run, Byrna Technologies Inc’s stock first resistance to watch stands at $19.19. Second resistance stands at $20.05. The third major resistance level sits at $20.69. If the price goes on to break the first support level at $17.69, it is likely to go to the next support level at $17.05. Should the price break the second support level, the third support level stands at $16.19.

Byrna Technologies Inc (NASDAQ: BYRN) Key Stats

With a market capitalization of 418.10 million, the company has a total of 22,758K Shares Outstanding. Currently, annual sales are 42,640 K while annual income is -8,190 K. The company’s previous quarter sales were 20,850 K while its latest quarter income was 1,030 K.