In the last trading session, 0.26 million Byrna Technologies Inc (NASDAQ:BYRN) shares changed hands as the company’s beta touched 1.70. With the company’s per share price at $28.82 changed hands at -$0.38 or -1.30% during last session, the market valuation stood at $630.76M. BYRN’s last price was a discount, traded about -4.02% off its 52-week high of $29.98. The share price had its 52-week low at $5.36, which suggests the last value was 81.4% up since then. When we look at Byrna Technologies Inc’s average trading volume, we note the 10-day average is 0.76 million shares, with the 3-month average coming to 593.63K.
Analysts gave the Byrna Technologies Inc (BYRN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BYRN as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Byrna Technologies Inc (NASDAQ:BYRN) trade information
Instantly BYRN was in red as seen at the end of in last trading. With action 2.33%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 339.12%, with the 5-day performance at 2.33% in the green. However, in the 30-day time frame, Byrna Technologies Inc (NASDAQ:BYRN) is 31.68% up. Looking at the short shares, we see there were 2.84 million shares sold at short interest cover period of 5.44 days.
The consensus price target for the stock as assigned by Wall Street analysts is 23, meaning bulls need a downside of -25.3% from its current market value. According to analyst projections, BYRN’s forecast low is 16.25 with 25 as the target high. To hit the forecast high, the stock’s price needs a 13.25% surge from its current level, while the stock would need to tank 43.62% for it to hit the projected low.
Byrna Technologies Inc (BYRN) estimates and forecasts
Data shows that the Byrna Technologies Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 180.04% over the past 6 months, a 205.56% in annual growth rate that is considerably higher than the industry average of 16.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -10.39%. The 2024 estimates are for Byrna Technologies Inc earnings to increase by 179.29%.
BYRN Dividends
Byrna Technologies Inc is expected to release its next quarterly earnings report in January.
Byrna Technologies Inc (NASDAQ:BYRN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 20.84% of Byrna Technologies Inc shares while 43.04% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 54.37%. There are 43.04% institutions holding the Byrna Technologies Inc stock share, with ARROWMARK COLORADO HOLDINGS LLC the top institutional holder. As of 2024-06-30, the company held 8.0188% of the shares, roughly 1.77 million BYRN shares worth $17.63 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.2675% or 1.16 million shares worth $11.58 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Fidelity Advisor Multi-Asset Income Fund and Vanguard Total Stock Market Index Fund . With 655.8 shares estimated at $18.9 million under it, the former controlled 0.44% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 0.34% of the shares, roughly 503.35 shares worth around $14.51 million.
