Byrna Technologies Inc (NASDAQ:BYRN) Could See A -100.23% Or Even More Loss In Stock Price

Byrna Technologies Inc (NASDAQ:BYRN)’s traded shares stood at 0.61 million during the latest session, with the company’s beta value hitting 2.22. At the last check today, the stock’s price was $17.37, to imply an increase of 4.76% or $0.79 in intraday trading. The BYRN share’s 52-week high remains $34.78, putting it -100.23% down since that peak but still an impressive 55.15% since price per share fell to its 52-week low of $7.79. The company has a valuation of $393.73M, with an average of 0.69 million shares in intraday trading volume over the past 10 days and average of 610.32K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Byrna Technologies Inc (BYRN), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give BYRN a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.05.

Byrna Technologies Inc (NASDAQ:BYRN) trade information

After registering a 4.76% upside in the latest session, Byrna Technologies Inc (BYRN) has traded red over the past five days. The 5-day price performance for the stock is 9.52%, and -14.81% over 30 days. With these gigs, the year-to-date price performance is -39.71%. Short interest in Byrna Technologies Inc (NASDAQ:BYRN) saw shorts transact 2.8 million shares and set a 4.5 days time to cover.

The extremes give us $23 and $23 for target low and target high price respectively. As such, BYRN has been trading -32.41% off suggested target high and -32.41% from its likely low.

Byrna Technologies Inc (BYRN) estimates and forecasts

The rating firms project that company’s revenue will grow 29.41% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 25.55M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 26.24M.Earnings reports from the last fiscal year show that sales brought in 20.27M and 20.85M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 26.05% before jumping 25.85% in the following quarter.

BYRN Dividends

Byrna Technologies Inc has its next earnings report out on 2025-Feb-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Byrna Technologies Inc insiders hold 20.87% of total outstanding shares, with institutional holders owning 52.70% of the shares at 66.59% float percentage. In total, 52.70% institutions holds shares in the company, led by ARROWMARK COLORADO HOLDINGS LLC. As of 2024-06-30, the company held over 1.77 million shares (or 7.7742% of shares), all amounting to roughly $17.63 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 1.16 million shares, or about 5.1068% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.58 million.

We also have SMALLCAP WORLD FUND INC and Fidelity School Street Trust-Fidelity Advisor Multi-Asset Income Fund as the top two Mutual Funds with the largest holdings of the Byrna Technologies Inc (BYRN) shares. Going by data provided on Dec 31, 2024 , SMALLCAP WORLD FUND INC holds roughly 1.51 shares. This is just over 1.01% of the total shares, with a market valuation of $26.08 million. Data from the same date shows that the other fund manager holds a little less at 655.8, or 0.44% of the shares, all valued at about 11.3 million.