A Few Bright Spots In Beyond Inc (NYSE: BYON)

Beyond Inc (NYSE:BYON) currently has a daily average trading volume of 2.93M but it saw 5640144 shares traded in last market. With a market cap of 424.55M USD, the company’s current market price of $9.22 came falling about -4.75 while comparing to the previous closing price of $9.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.10 and as low as $4.45. In the recent trading on the day, stock has struck highest price mark of $8.711 while lowest mark touched by it was $9.43.

Taking a look at 20-day trading activity of Beyond Inc (BYON) gives us an average price of $7.00, while its current price level is -75.15% below from 52-week high level whereas it is 107.19% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.15 while that of 200 days or SMA-200 reads an average of $10.81. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.24% during that period while stretching the period over a month that decreases to 12.59%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.68 which implies that the stock is in neutral territory.

Maxim Group issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $33 and $26.

Over the week, BYON’s stock price is moving 26.65% up while it is 61.75% when we observe its performance for the past one month. Year-to-date it is 87.02% up and over the past year, the stock is showing a downside performance of -59.91%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.75 while estimate for next year EPS is -4.08. In next quarter, company is expected to be making quarterly sales of $333.77M as analysts are expecting the sales for current fiscal year at $1.42B and seeing the company making $1.44B in sales next year. Moreover, analysts are in estimates of $337.96M for current-quarter revenue.

Currently, Beyond Inc’s total number of outstanding shares is 45.82M with 1.82% of that held by the insiders while 60.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -146.69% and return on equity (ROE) at -95.04%. Stock’s beta reads 3.87. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is -56.46% on average.