The stock has a 36-month beta value of 3.66. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for BYON is 45.12M, and at present, short sellers hold a 12.61% of that float. On October 22, 2024, the average trading volume of BYON was 2.01M shares.
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BYON) stock’s latest price update
Beyond Inc (NYSE: BYON)’s stock price has dropped by -1.05 in relation to previous closing price of 10.52. Nevertheless, the company has seen a gain of 2.36% in its stock price over the last five trading days. accesswire.com reported 2024-10-21 that NEW YORK, NY / ACCESSWIRE / October 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Beyond, Inc. (“Beyond, Inc.”) (NYSE:BYON) concerning possible violations of federal securities laws. After the market closed on May 6, 2024, Beyond announced the company’s first quarter 2024 financial results and revealed first quarter total net revenue of $382 million, an increase of only 0.3% year-over-year, and a first quarter net loss of $74 million.
BYON’s Market Performance
Beyond Inc (BYON) has seen a 2.36% rise in stock performance for the week, with a 0.58% gain in the past month and a -21.14% plunge in the past quarter. The volatility ratio for the week is 6.12%, and the volatility levels for the past 30 days are at 6.32% for BYON. The simple moving average for the past 20 days is 3.09% for BYON’s stock, with a -44.55% simple moving average for the past 200 days.
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 1.25% 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 -71.94% of loss for the given period.
Volatility was left at 6.32%, however, over the last 30 days, the volatility rate increased by 6.12%, as shares surge +4.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.21% upper at present.
During the last 5 trading sessions, BYON rose by +2.36%, which changed the moving average for the period of 200-days by -59.26% in comparison to the 20-day moving average, which settled at $10.10. In addition, Beyond Inc saw -62.41% 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 0.21. 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 sum up, Beyond Inc (BYON) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
