-54.71% percent quarterly performance for Beyond Inc (BYON) is not indicative of the underlying story

Beyond Inc (NYSE: BYON) on Friday, plunged -4.35% from the previous trading day, before settling in for the closing price of $4.83. Within the past 52 weeks, BYON’s price has moved between $4.67 and $37.10.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 2.49%. The company achieved an average annual earnings per share of -104.10%. With a float of $45.18 million, this company’s outstanding shares have now reached $45.82 million.

Let’s determine the extent of company efficiency that accounts for 830 employees. In terms of profitability, gross margin is 18.48%, operating margin of -5.97%, and the pretax margin is -18.39%.

Beyond Inc (BYON) Insider Activity

Observing investor behavior towards Internet Retail industry stocks is more important than anything else. The insider ownership of Beyond Inc is 1.87%, while institutional ownership is 60.44%. The most recent insider transaction that took place on Oct 28 ’24, was worth 499,996. In this transaction EXECUTIVE CHAIRMAN OF BOARD of this company bought 71,428 shares at a rate of $7.00, taking the stock ownership to the 436,958 shares. Before that another transaction happened on Oct 27 ’24, when Company’s EXECUTIVE CHAIRMAN OF BOARD bought 156,985 for $6.37, making the entire transaction worth $999,994. This insider now owns 365,530 shares in total.

Beyond Inc (BYON) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.59 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -104.10% per share during the next fiscal year.

Beyond Inc (NYSE: BYON) Trading Performance Indicators

Beyond Inc (BYON) is currently performing well based on its current performance indicators. A quick ratio of 0.91 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.44, a number that is poised to hit -0.73 in the next quarter and is forecasted to reach -1.67 in one year’s time.

Technical Analysis of Beyond Inc (BYON)

Looking closely at Beyond Inc (NYSE: BYON), its last 5-days average volume was 2.63 million, which is a jump from its year-to-date volume of 2.03 million. As of the previous 9 days, the stock’s Stochastic %D was 9.24%. Additionally, its Average True Range was 0.38.

During the past 100 days, Beyond Inc’s (BYON) raw stochastic average was set at 0.52%, which indicates a significant decrease from 2.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.94% in the past 14 days, which was lower than the 89.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.36, while its 200-day Moving Average is $13.88. However, in the short run, Beyond Inc’s stock first resistance to watch stands at $4.76. Second resistance stands at $4.90. The third major resistance level sits at $4.99. If the price goes on to break the first support level at $4.53, it is likely to go to the next support level at $4.44. Should the price break the second support level, the third support level stands at $4.30.

Beyond Inc (NYSE: BYON) Key Stats

Market capitalization of the company is 203.48 million based on 46,046K outstanding shares. Right now, sales total 1,561 M and income totals -307,840 K. The company made 311,430 K in profit during its latest quarter, and -61,030 K in sales during its previous quarter.