In the last trading session, 1.26 million shares of the Byrna Technologies Inc (NASDAQ:BYRN) were traded, and its beta was 1.77. Most recently the company’s share price was $21.74, and it changed around $2.82 or 14.90% from the last close, which brings the market valuation of the company to $488.69M. BYRN currently trades at a discount to its 52-week high of $22.12, offering almost -1.75% off that amount. The share price’s 52-week low was $5.11, which indicates that the current value has risen by an impressive 76.49% since then. We note from Byrna Technologies Inc’s average daily trading volume that its 10-day average is 0.39 million shares, with the 3-month average coming to 565.77K.

Byrna Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended BYRN as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Byrna Technologies Inc is expected to report earnings per share of 0.01 for the current quarter.

Byrna Technologies Inc (NASDAQ:BYRN) trade information

Instantly BYRN has showed a green trend with a performance of 14.90% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 22.44 on recent trading dayincreased the stock’s daily price by 3.12%. The company’s shares are currently up 240.22% year-to-date, but still up 13.52% over the last five days. On the other hand, Byrna Technologies Inc (NASDAQ:BYRN) is 24.23% up in the 30-day period. We can see from the shorts that 2.74 million shares have been sold at a short interest cover period of 6.31 day(s).

The consensus price target as assigned by Wall Street analysts is $20, which translates to bulls needing to decrease their stock price by -8.7% from its current value. Analyst projections state that BYRN is forecast to be at a low of $16.25 and a high of $25.

Byrna Technologies Inc (BYRN) estimates and forecasts

Byrna Technologies Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 91.37 percent over the past six months and at a 194.44% annual growth rate that is well above the industry average of 16.90%. The year-over-year growth rate is expected to be 98.16%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 26.38M in revenue for the current quarter. 1 analysts expect Byrna Technologies Inc to make 22.2M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 15.64M and 16.65M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 68.64%. Forecasts for the next quarter put sales growth at 33.30%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.39%.

BYRN Dividends

Byrna Technologies Inc’s next quarterly earnings report is expected to be released in January.

Byrna Technologies Inc (NASDAQ:BYRN)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 20.84% of Byrna Technologies Inc shares, and 43.08% of them are in the hands of institutional investors. The stock currently has a share float of 54.42%. Byrna Technologies Inc stock is held by 142.0 institutions, with ARROWMARK COLORADO HOLDINGS LLC being the largest institutional investor. By 2024-06-30, it held 8.0188% of the shares, which is about 1.77 million shares worth $17.63 million.

BLACKROCK INC., with 5.2675% or 1.16 million shares worth $11.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.