The stock of Beyond Inc (BYON) has gone down by -3.61% for the week, with a -4.52% drop in the past month and a -33.70% drop in the past quarter. The volatility ratio for the week is 4.50%, and the volatility levels for the past 30 days are 7.11% for BYON. The simple moving average for the past 20 days is -0.31% for BYON’s stock, with a -51.29% simple moving average for the past 200 days.
Is It Worth Investing in Beyond Inc (NYSE: BYON) Right Now?
Moreover, the 36-month beta value for BYON is 3.65. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 0 as “sell.”
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The public float for BYON is 45.08M and currently, short sellers hold a 12.57% of that float. On September 04, 2024, BYON’s average trading volume was 2.23M shares.
BYON) stock’s latest price update
The stock of Beyond Inc (NYSE: BYON) has increased by 7.07 when compared to last closing price of 9.48. Despite this, the company has experienced a -3.61% fall in its stock price over the last five trading sessions. investorplace.com reported 2024-08-07 that On the heels of the recent release of a weak jobs report, now may be the time to figure out what are the consumer discretionary stocks to sell. Sure, economists and pundits may argue that this latest jobs report is not necessarily a sign of a looming U.S. recession.
Analysts’ Opinion of BYON
Many brokerage firms have already submitted their reports for BYON stocks, with Maxim Group repeating the rating for BYON by listing it as a “Buy.” The predicted price for BYON in the upcoming period, according to Maxim Group is $36 based on the research report published on May 08, 2024 of the current year 2024.
Maxim Group gave a rating of “Buy” to BYON, setting the target price at $50 in the report published on April 17th of the current year.
BYON Trading at -13.98% from the 50-Day Moving Average
After a stumble in the market that brought BYON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.64% of loss for the given period.
Volatility was left at 7.11%, however, over the last 30 days, the volatility rate increased by 4.50%, as shares sank -3.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.28% lower at present.
During the last 5 trading sessions, BYON fell by -4.05%, which changed the moving average for the period of 200-days by -41.08% in comparison to the 20-day moving average, which settled at $10.17. In addition, Beyond Inc saw -63.34% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BYON starting from Nettles William Benjamin JR, who sale 10,412 shares at the price of $9.35 back on Aug 14 ’24. After this action, Nettles William Benjamin JR now owns 11,368 shares of Beyond Inc, valued at $97,352 using the latest closing price.
LEMONIS MARCUS, the EXECUTIVE CHAIRMAN OF BOARD of Beyond Inc, purchase 10,952 shares at $9.13 during a trade that took place back on Aug 14 ’24, which means that LEMONIS MARCUS is holding 208,545 shares at $99,992 based on the most recent closing price.
Stock Fundamentals for BYON
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.18 for the gross margin
The net margin for Beyond Inc stands at -0.22. The total capital return value is set at -0.29. Equity return is now at value -82.71, with -52.10 for asset returns.
Based on Beyond Inc (BYON), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at -4.0.
Currently, EBITDA for the company is -225.36 million with net debt to EBITDA at 0.44. When we switch over and look at the enterprise to sales, we see a ratio of 0.2. The receivables turnover for the company is 82.28for trailing twelve months and the total asset turnover is 3.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
To wrap up, the performance of Beyond Inc (BYON) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
