Beyond Inc (NYSE:BYON) shares traded 1.01% higher at $7.00 on Wall Street last session.
BYON stock price is now 20.35% away from the 50-day moving average and -39.80% away from the 200-day moving average. The market capitalization of the company currently stands at $322.32M.
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On October 25, 2024, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $13 to quote $9, while ‘Maxim Group’ rates the stock as ‘Buy’
In other news, LEMONIS MARCUS, EXECUTIVE CHAIRMAN OF BOARD bought 71,428 shares of the company’s stock on Oct 28 ’24. The stock was bought for $499,996 at an average price of $7.00. Upon completion of the transaction, the EXECUTIVE CHAIRMAN OF BOARD now directly owns 436,958 shares in the company, valued at $3.06 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 27 ’24, EXECUTIVE CHAIRMAN OF BOARD LEMONIS MARCUS bought 156,985 shares of the business’s stock. A total of $999,994 was incurred on buying the stock at an average price of $6.37. This leaves the insider owning 365,530 shares of the company worth $2.56 million. A total of 1.87% of the company’s stock is owned by insiders.
During the past 12 months, Beyond Inc has had a low of $4.45 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 $5.801 and a two-hundred day moving average price translates $11.74385 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 $311.43 million for the quarter, compared to $373.31 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -16.58 percent. For the current quarter, analysts expect BYON to generate $343.78M in revenue.
