At the time of writing, Byrna Technologies Inc [BYRN] stock is trading at $18.08, up 9.05%. An important factor to consider is whether the stock is rising or falling in short-term value. The BYRN shares have gain 14.00% over the last week, with a monthly amount drifted -11.33%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Byrna Technologies Inc fluctuated between $7.79 and $34.78. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Byrna Technologies Inc [NASDAQ: BYRN] shares were valued at $18.08 at the most recent close of the market. An investor can expect a potential return of 27.21% based on the average BYRN price forecast.
Analyzing the BYRN fundamentals
According to Byrna Technologies Inc [NASDAQ:BYRN], the company’s sales were 85.76M for trailing twelve months, which represents an 78.89% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.29 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 16.38 points at the first support level, and at 14.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.24, and for the 2nd resistance point, it is at 20.39.
Ratios To Look Out For
It is important to note that Byrna Technologies Inc [NASDAQ:BYRN] has a current ratio of 3.30. On the other hand, the Quick Ratio is 2.01, and the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 4.78, the price to book ratio is 7.48 and price to earnings (TTM) ratio is 33.52.
Transactions by insiders
Recent insider trading involved Hughes Herbert, Chairman of the Board, that happened on Feb 20 ’25 when 12000.0 shares were sold. President and CEO, Ganz Bryan completed a deal on Feb 20 ’25 to sell 50000.0 shares. Meanwhile, Corporate Secretary, CGO Wager Lisa sold 12500.0 shares on Feb 20 ’25.
