Byrna Technologies Inc [BYRN] stock prices are up 9.12% to $18.30 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BYRN shares have gain 16.41% over the last week, with a monthly amount glided 65.31%, 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 $17.44 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Byrna Technologies Inc [NASDAQ: BYRN] shares were valued at $18.30 at the most recent close of the market. An investor can expect a potential drop of -7.1% 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 17.39 points at the first support level, and at 16.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.83, and for the 2nd resistance point, it is at 19.35.
Ratios To Look Out For
It’s worth pointing out that Byrna Technologies Inc [NASDAQ:BYRN]’s Current Ratio is 3.91. In addition, the Quick Ratio stands at 2.53 and the Cash Ratio stands at 2.22. Considering the valuation of this stock, the price to sales ratio is 6.99, the price to book ratio is 9.20.
Transactions by insiders
Recent insider trading involved Ganz Bryan, President and CEO, that happened on Sep 24 ’24 when 32026.0 shares were sold. President and CEO, Ganz Bryan completed a deal on Sep 20 ’24 to sell 5495.0 shares. Meanwhile, President and CEO Ganz Bryan sold 1.0 shares on Sep 23 ’24.