Company Overview - Byrna Technologies Inc. (BYRN) currently has a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company holds a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, BYRN shares have increased by 17.59%, significantly outperforming the Zacks Technology Services industry, which rose by 2.06% [5] - In a longer time frame, BYRN's shares have appreciated by 45.88% over the past month, compared to the industry's 1.39% [5] - Over the last quarter, BYRN shares have surged by 50.36%, and over the past year, they have gained an impressive 183.45%, while the S&P 500 has only moved 4.9% and 13.46% respectively [6] Trading Volume - The average 20-day trading volume for BYRN is 414,834 shares, which serves as a useful baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, two earnings estimates for BYRN have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $0.31 to $0.35 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9] Conclusion - Considering the positive performance metrics and earnings outlook, BYRN is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]
Are You Looking for a Top Momentum Pick? Why Byrna Technologies Inc. (BYRN) is a Great Choice