The stock of Beyond Inc (NYSE:BYON) last traded at $6.37, down -4.78% from the previous session.
BYON stock price is now -37.27% away from the 50-day moving average and -65.43% away from the 200-day moving average. The market capitalization of the company currently stands at $291.43M.
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With the price target reduced from $13 to $9, Needham maintained Buy rating for Beyond Inc (NYSE: BYON). On October 25, 2024, Maxim Group reiterated its ‘Buy’ rating on the stock by increasing its target price from $33 to quote $26, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, Nettles William Benjamin JR, Director sold 10,412 shares of the company’s stock on Aug 14 ’24. The stock was sold for $97,352 at an average price of $9.35. Upon completion of the transaction, the Director now directly owns 11,368 shares in the company, valued at $72414.16. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 14 ’24, EXECUTIVE CHAIRMAN OF BOARD LEMONIS MARCUS bought 10,952 shares of the business’s stock. A total of $99,992 was incurred on buying the stock at an average price of $9.13. This leaves the insider owning 208,545 shares of the company worth $1.33 million. A total of 1.38% of the company’s stock is owned by insiders.
During the past 12 months, Beyond Inc has had a low of $6.30 and a high of $37.10. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 0.97, and a quick ratio of 0.91. The fifty day moving average price for BYON is $10.155 and a two-hundred day moving average price translates $18.4278 for the stock.
The latest earnings results from Beyond Inc (NYSE: BYON) was released for 2024-09-30. The net profit margin was -22.93% and return on equity was -95.04% for BYON. The company reported revenue of $398.1 million for the quarter, compared to $422.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.71 percent.
