The stock price of Beyond Inc (NYSE: BYON) has plunged by -2.47 when compared to previous closing price of 8.29, but the company has seen a 13.72% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-02-03 that Acquisition Drives Profitable Revenue Growth, tZERO Tokenization Offerings, and Pioneers Blockchain Innovation for Life Events Acquisition Drives Profitable Revenue Growth, tZERO Tokenization Offerings, and Pioneers Blockchain Innovation for Life Events
Is It Worth Investing in Beyond Inc (NYSE: BYON) Right Now?
The 36-month beta value for BYON is also noteworthy at 3.81. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for BYON is 45.14M, and at present, short sellers hold a 19.44% of that float. The average trading volume of BYON on February 03, 2025 was 2.75M shares.
BYON’s Market Performance
The stock of Beyond Inc (BYON) has seen a 13.72% increase in the past week, with a 64.00% rise in the past month, and a 21.58% gain in the past quarter. The volatility ratio for the week is 11.03%, and the volatility levels for the past 30 days are at 11.03% for BYON. The simple moving average for the past 20 days is 20.73% for BYON’s stock, with a -26.18% simple moving average for the past 200 days.
Analysts’ Opinion of BYON
Needham, on the other hand, stated in their research note that they expect to see BYON reach a price target of $9, previously predicting the price at $13. The rating they have provided for BYON stocks is “Buy” according to the report published on October 25th, 2024.
Maxim Group gave a rating of “Buy” to BYON, setting the target price at $26 in the report published on October 25th of the previous year.
BYON Trading at 34.18% 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 -78.21% of loss for the given period.
Volatility was left at 11.03%, however, over the last 30 days, the volatility rate increased by 11.03%, as shares surge +43.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.98% upper at present.
During the last 5 trading sessions, BYON rose by +13.71%, which changed the moving average for the period of 200-days by -65.67% in comparison to the 20-day moving average, which settled at $6.70. In addition, Beyond Inc saw 64.00% 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 BYON starting from LEMONIS MARCUS, who purchase 71,428 shares at the price of $7.00 back on Oct 28 ’24. After this action, LEMONIS MARCUS now owns 436,958 shares of Beyond Inc, valued at $499,996 using the latest closing price.
LEMONIS MARCUS, the EXECUTIVE CHAIRMAN OF BOARD of Beyond Inc, purchase 156,985 shares at $6.37 during a trade that took place back on Oct 27 ’24, which means that LEMONIS MARCUS is holding 365,530 shares at $999,994 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 -0.23. The total capital return value is set at -0.37. Equity return is now at value -95.04, with -56.46 for asset returns.
Based on Beyond Inc (BYON), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -4.96.
Currently, EBITDA for the company is -244.91 million with net debt to EBITDA at 0.46. When we switch over and look at the enterprise to sales, we see a ratio of 0.18. The receivables turnover for the company is 98.24for trailing twelve months and the total asset turnover is 3.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
In summary, Beyond Inc (BYON) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.