Byrna Technologies Inc. (NASDAQ:BYRN – Get Free Report) Chairman Herbert Hughes sold 6,500 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $15.08, for a total value of $98,020.00. Following the sale, the chairman now directly owns 122,089 shares of the company’s stock, valued at $1,841,102.12. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Byrna Technologies Stock Down 5.0 %
NASDAQ BYRN opened at $14.35 on Friday. The firm’s 50 day moving average is $10.36 and its 200-day moving average is $11.66. The company has a market capitalization of $326.85 million, a PE ratio of -102.50 and a beta of 1.67. Byrna Technologies Inc. has a 12-month low of $2.19 and a 12-month high of $15.49.
Byrna Technologies (NASDAQ:BYRN – Get Free Report) last issued its quarterly earnings results on Tuesday, July 9th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.10. Byrna Technologies had a negative net margin of 4.74% and a negative return on equity of 6.34%. The firm had revenue of $20.27 million for the quarter, compared to analyst estimates of $20.29 million. As a group, sell-side analysts expect that Byrna Technologies Inc. will post 0.05 EPS for the current year.
Institutional Trading of Byrna Technologies
Wall Street Analyst Weigh In
Several research firms have recently weighed in on BYRN. Roth Mkm started coverage on shares of Byrna Technologies in a report on Wednesday, August 28th. They issued a “buy” rating and a $14.00 price target for the company. Roth Capital raised shares of Byrna Technologies to a “strong-buy” rating in a research note on Wednesday, August 28th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $15.75.
Read Our Latest Research Report on BYRN
Byrna Technologies Company Profile
Byrna Technologies Inc, a non-lethal defense technology company, provides non-lethal alternative solutions for law enforcement and private security. The company offers handheld personal security devices and shoulder-fired launchers without the need for background check or firearm license; and projectiles including chemical irritant, kinetic, and inert rounds.
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