Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Beyond Inc’s current trading price is -59.57% away from its 52-week high, while its distance from the 52-week low is 15.83%. The stock’s price range during this period has varied between $13.71 and $39.27. The company, active in the Consumer Cyclical sector, saw a trading volume of around 1.61 million for the day, considerably lower average daily volume of 2.49 million observed over the last three months.
Currently, the stock price of Beyond Inc (BYON) is $15.88. In the most recent trading session, the stock underwent a significant upswing, peaking at $17.00 after opening at $17.00. The stock touched a low of $15.62 before closing at $17.15.
Beyond Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $39.27 on 08/02/23, and the lowest price during that time was $13.71, recorded on 10/27/23.
How Financial Performance Impacts Market Capitalization
Beyond Inc (BYON) has experienced a quarterly decline of -39.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 719.36M and boasts a workforce of 1050 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.27, with a change in price of -8.19. Similarly, Beyond Inc recorded 2,631,196 in trading volume during the last 100 days, posting a change of -34.03%.
How BYON’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for BYON stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.07.
BYON Stock Stochastic Average
As of today, the raw stochastic average of Beyond Inc over the past 50 days is 27.26%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 52.16%. Additionally, the Stochastic %K and %D values for the company were 69.51% and 60.93%, respectively, over the past 20 days.
BYON Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -17.98%. However, over the past six months, we’ve seen a stronger performance of -14.39%. The price of BYON leaped by -7.57% over the last 30 days. And in the last five days, it has surged by 2.32%.