Byrna Technologies Inc (NASDAQ: BYRN) has a higher price-to-earnings ratio of 304.03x compared to its average ratio. BYRN has 36-month beta value of 1.69. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BYRN is 17.32M, and currently, short sellers hold a 16.37% ratio of that float. The average trading volume of BYRN on December 19, 2024 was 593.94K shares.
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BYRN) stock’s latest price update
Byrna Technologies Inc (NASDAQ: BYRN)’s stock price has surge by 8.80relation to previous closing price of 26.35. Nevertheless, the company has seen a 15.56% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-19 that Byrna CEO Bryan Ganz Meets with Argentina’s Vice President Victoria Villarruel and Córdoba Police Chief to Discuss Byrna’s Role in Advancing Regional Security Solutions Byrna CEO Bryan Ganz Meets with Argentina’s Vice President Victoria Villarruel and Córdoba Police Chief to Discuss Byrna’s Role in Advancing Regional Security Solutions
BYRN’s Market Performance
Byrna Technologies Inc (BYRN) has experienced a 15.56% rise in stock performance for the past week, with a 34.35% rise in the past month, and a 68.65% rise in the past quarter. The volatility ratio for the week is 8.06%, and the volatility levels for the past 30 days are at 9.30% for BYRN. The simple moving average for the last 20 days is 31.17% for BYRN stock, with a simple moving average of 105.65% for the last 200 days.
Analysts’ Opinion of BYRN
Many brokerage firms have already submitted their reports for BYRN stocks, with ROTH MKM repeating the rating for BYRN by listing it as a “Buy.” The predicted price for BYRN in the upcoming period, according to ROTH MKM is $14 based on the research report published on August 28, 2024 of the current year 2024.
Dawson James, on the other hand, stated in their research note that they expect to see BYRN reach a price target of $12. The rating they have provided for BYRN stocks is “Buy” according to the report published on April 26th, 2022.
Raymond James gave a rating of “Strong Buy” to BYRN, setting the target price at $36 in the report published on August 20th of the previous year.
BYRN Trading at 54.52% from the 50-Day Moving Average
After a stumble in the market that brought BYRN to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.63% of gains for the given period.
Volatility was left at 9.30%, however, over the last 30 days, the volatility rate increased by 8.06%, as shares surge +47.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +97.92% upper at present.
During the last 5 trading sessions, BYRN rose by +14.95%, which changed the moving average for the period of 200-days by +158.57% in comparison to the 20-day moving average, which settled at $21.85. In addition, Byrna Technologies Inc saw 348.67% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BYRN starting from Hughes Herbert, who sale 5,000 shares at the price of $20.08 back on Nov 19 ’24. After this action, Hughes Herbert now owns 117,089 shares of Byrna Technologies Inc, valued at $100,377 using the latest closing price.
Ganz Bryan, the President and CEO of Byrna Technologies Inc, sale 18,826 shares at $19.63 during a trade that took place back on Nov 19 ’24, which means that Ganz Bryan is holding 378,059 shares at $369,522 based on the most recent closing price.
Stock Fundamentals for BYRN
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.6 for the gross margin
The net margin for Byrna Technologies Inc stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 5.28, with 4.22 for asset returns.
Based on Byrna Technologies Inc (BYRN), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 20.13.
Currently, EBITDA for the company is -6.53 million with net debt to EBITDA at -5.56. When we switch over and look at the enterprise to sales, we see a ratio of 8.46. The receivables turnover for the company is 34.5for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.51.
Conclusion
To put it simply, Byrna Technologies Inc (BYRN) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
