Stocks of Beyond Inc (NYSE:BYON) traded higher last session on Wall Street, down -7.83% to $11.30.
BYON stock price is now -20.01% away from the 50-day moving average and -47.47% away from the 200-day moving average. The market capitalization of the company currently stands at $516.98M.
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With the price target reduced from $50 to $36, Maxim Group maintained Buy rating for Beyond Inc (NYSE: BYON). , while ‘Maxim Group’ rates the stock as ‘Buy’
In other news, LEMONIS MARCUS, EXECUTIVE CHAIRMAN OF BOARD bought 3,700 shares of the company’s stock on Jun 14 ’24. The stock was bought for $50,468 at an average price of $13.64. Upon completion of the transaction, the EXECUTIVE CHAIRMAN OF BOARD now directly owns 197,593 shares in the company, valued at $2.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’24, EXECUTIVE CHAIRMAN OF BOARD LEMONIS MARCUS bought 6,920 shares of the business’s stock. A total of $97,780 was incurred on buying the stock at an average price of $14.13. This leaves the insider owning 193,893 shares of the company worth $2.19 million. A total of 1.45% of the company’s stock is owned by insiders.
During the past 12 months, Beyond Inc has had a low of $11.95 and a high of $39.27. As of last week, the company has a debt-to-equity ratio of 0.15, a current ratio of 1.14, and a quick ratio of 1.08. The fifty day moving average price for BYON is $13.9938 and a two-hundred day moving average price translates $21.492 for the stock.
The latest earnings results from Beyond Inc (NYSE: BYON) was released for 2024-06-30. The net profit margin was -24.15% and return on equity was -82.71% for BYON. The company reported revenue of $382.28 million for the quarter, compared to $381.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.3 percent.
