Byrna Technologies Inc (NASDAQ: BYRN) is 133.80% higher on its value in year-to-date trading and has touched a low of $2.52 and a high of $19.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BYRN stock was last observed hovering at around $13.96 in the last trading session, with the day’s gains setting it 0.98%.
Currently trading at $14.94, the stock is -9.68% and 8.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 7.02% at the moment leaves the stock 29.92% off its SMA200. BYRN registered 437.41% gain for a year compared to 6-month gain of 5.43%. The firm has a 50-day simple moving average (SMA 50) of $13.724 and a 200-day simple moving average (SMA200) of $11.4996.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -6.33% loss in the last 1 month and extending the period to 3 months gives it a 41.75%, and is -15.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.48% over the week and 9.53% over the month.
Byrna Technologies Inc (BYRN) has around 106 employees, a market worth around $340.33M and $73.42M in sales. Current P/E ratio is 158.43 and Fwd P/E is 39.84. Profit margin for the company is 3.12%. Distance from 52-week low is 492.79% and -23.07% from its 52-week high. The company has generated returns on investments over the last 12 months (4.93%).
The EPS is expected to grow by 170.95% this year.
Byrna Technologies Inc (BYRN) Top Institutional Holders
121.0 institutions hold shares in Byrna Technologies Inc (BYRN), with institutional investors hold 50.13% of the company’s shares. The shares outstanding are 22.00M, and float is at 17.68M with Short Float at 12.27%. Institutions hold 39.64% of the Float.
The top institutional shareholder in the company is ARROWMARK COLORADO HOLDINGS LLC with over 1.77 million shares valued at $17.63 million. The investor’s holdings represent 8.0188% of the BYRN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.16 million shares valued at $11.58 million to account for 5.2675 of the shares outstanding. The other top investors are FMR LLC which holds 1.15 million shares representing 5.2005% and valued at over $11.44 million, while VANGUARD GROUP INC holds 4.1074 of the shares totaling 0.91 million with a market value of $9.03 million.
Byrna Technologies Inc (BYRN) Insider Activity
The most recent transaction is an insider purchase by KEARNES LAURILEE, the company’s Chief Financial Officer. SEC filings show that KEARNES LAURILEE bought 2,000 shares of the company’s common stock on Oct 10 ’24 at a price of $14.04 per share for a total of $28076.0. Following the purchase, the insider now owns 2500.0 shares.
Byrna Technologies Inc disclosed in a document filed with the SEC on Sep 25 ’24 that Ganz Bryan (President and CEO) sold a total of 2,478 shares of the company’s common stock. The trade occurred on Sep 25 ’24 and was made at $18.46 per share for $45744.0. Following the transaction, the insider now directly holds 0.4 million shares of the BYRN stock.
Still, SEC filings show that on Sep 24 ’24, Ganz Bryan (President and CEO) disposed off 32,026 shares at an average price of $17.98 for $0.58 million. The insider now directly holds 400,537 shares of Byrna Technologies Inc (BYRN).
