Beyond Inc [NYSE: BYON] gained 9.89% or 0.63 points to close at $7.00 with a heavy trading volume of 5949629 shares.
The daily chart for BYON points out that the company has recorded -66.12% loss over the past six months.
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If we look at the average trading volume of 2.25M shares, BYON reached to a volume of 5949629 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Beyond Inc [BYON]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BYON shares is $14.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BYON stock is a recommendation set at 2.42. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Beyond Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 25, 2024. While these analysts kept the previous recommendation, Maxim Group dropped their target price from $33 to $26. The new note on the price target was released on October 25, 2024, representing the official price target for Beyond Inc stock. Previously, the target price had yet another drop from $12.50 to $6, while BofA Securities kept a Underperform rating on BYON stock.
The Average True Range (ATR) for Beyond Inc is set at 0.86, with the Price to Sales ratio for BYON stock in the period of the last 12 months amounting to 0.22. The Price to Book ratio for the last quarter was 1.63, with the Price to Cash per share for the same quarter was set at 3.09.
Trading performance analysis for BYON stock
Beyond Inc [BYON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -32.76. With this latest performance, BYON shares dropped by -31.37% in over the last four-week period, additionally sinking by -66.12% over the last 6 months – not to mention a drop of -54.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BYON stock in for the last two-week period is set at 31.36, with the RSI for the last a single of trading hit 27.07, and the three-weeks RSI is set at 34.69 for Beyond Inc [BYON]. The present Moving Average for the last 50 days of trading for this stock 10.08, while it was recorded at 7.95 for the last single week of trading, and 18.34 for the last 200 days.
Beyond Inc [BYON]: A deeper dive into fundamental analysis
Beyond Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 0.97.
