Byrna Technologies Inc [BYRN] stock prices are up 0.96% to $11.59 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BYRN shares have gain 4.70% over the last week, with a monthly amount glided 27.36%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Byrna Technologies Inc [NASDAQ: BYRN] stock has seen the most recent analyst activity on August 28, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $14. Previously, Dawson James started tracking the stock with Buy rating on April 26, 2022, and set its price target to $12. On August 20, 2021, Raymond James initiated with a Strong Buy rating and assigned a price target of $36 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $31 on August 02, 2021.
The stock price of Byrna Technologies Inc [BYRN] has been fluctuating between $2.19 and $15.34 over the past year. Currently, Wall Street analysts expect the stock to reach $15.33 within the next 12 months. Byrna Technologies Inc [NASDAQ: BYRN] shares were valued at $11.59 at the most recent close of the market. An investor can expect a potential return of 32.27% based on the average BYRN price forecast.
Analyzing the BYRN fundamentals
The Byrna Technologies Inc [NASDAQ:BYRN] reported sales of 59.65M for trailing twelve months, representing a surge of 76.13%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.07 and Total Capital is -0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.43 points at the first support level, and at 11.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.68, and for the 2nd resistance point, it is at 11.78.
Ratios To Look Out For
It’s worth pointing out that Byrna Technologies Inc [NASDAQ:BYRN]’s Current Ratio is 3.91. On the other hand, the Quick Ratio is 2.53, and the Cash Ratio is 2.22. Considering the valuation of this stock, the price to sales ratio is 4.43, the price to book ratio is 5.83.
Transactions by insiders
Recent insider trading involved Wager Lisa, Corporate Secretary, CGO, that happened on May 24 ’24 when 8333.0 shares were sold. Corporate Secretary, CGO, Wager Lisa completed a deal on May 21 ’24 to sell 8333.0 shares. Meanwhile, Chairman of the Board Hughes Herbert sold 8836.0 shares on May 21 ’24.
