How to Buy Byrna Technologies Stock
Byrna Technologies Inc
Byrna Technologies Inc. , a less-lethal defense technology company, develops and manufactures less-lethal munitions.
Byrna Technologies stock last closed at $13.67, up 4.71% from the previous day, and has increased 153.06% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 1.42 percentage points. Byrna Technologies stock is currently +523.97% from its 52-week low of $2.19, and -10.92% from its 52-week high of $15.34.
At the moment, there are 22.74M shares of BYRN outstanding. The market capitalization of BYRN is $310.69M. In the last 24 hours, 212,954 BYRN shares were traded.
How to Buy Byrna Technologies Stock
Not sure how to invest in Byrna Technologies stock? Here's how.
- Decide where to buy Byrna Technologies stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Byrna Technologies stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your method of payment and add your information.
- Analyze Byrna Technologies stock: The Byrna Technologies ticker symbol is BYRN. Is Byrna Technologies stock a good investment? Should you buy shares of BYRN? How do BYRN's underlying business fundamentals look? Do top analysts think Byrna Technologies is a good buy? Why has BYRN's stock price moved recently? (Hint: Our stock research tools can help you evaluate if BYRN is a good stock to buy).
- Place your BYRN purchase: Decide if you will purchase BYRN shares at the current market price or use a limit order to purchase BYRN stock at a given price.
- Get key alerts regarding your investment in BYRN: Create a watchlist to monitor your investment in Byrna Technologies shares.
Step 1: Decide where to buy Byrna Technologies stock
You need a brokerage account to access the NASDAQ market and buy BYRN shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you can buy BYRN today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on a good stock buying app, you need to deposit funds:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Analyze Byrna Technologies stock
Once you have chosen the best place to buy Byrna Technologies stock, it's absolutely critical to analyze their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Byrna Technologies shares at a glance
BYRN Overview
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on BYRN's stock page.
Is BYRN stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge BYRN's intrinsic value.
Using relative valuations metrics:
- BYRN may be overvalued based on its P/B ratio of 7.2x, relative to Aerospace & Defense industry P/B ratio of 5.37x
You can do more valuation research on BYRN's stock here.
Is BYRN a healthy company?
Positive Financial Indicators:
- BYRN has a low debt to equity ratio of 0.22.
- There are more short-term assets than short-term liabilities on the BYRN balance sheet.
- BYRN profit margin has gone up from -14.1% to -11.8% in the past year.
- Total BYRN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the BYRN balance sheet.
- BYRN's operating cash flow of $11.21M allows it to safely service it's debt of $1.78M.
Negative Financial Indicators:
- BYRN earnings of -$5.51M is not enough to cover its interest payments.
Is it a good time to buy BYRN stock, according to analysts?
Out of 2 sell side analysts who give recommendations on BYRN, the consensus analyst rating on Byrna Technologies is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Byrna Technologies stock forecast page.
BYRN Trading Indicators
BYRN Earnings
Last year, BYRN revenue was $50.89M. In the past five year, BYRN's revenue has grown by 193.61% per year. This was faster than the Aerospace & Defense industry average of 7.45%.
You can analyze BYRN's earnings and revenue performance here.
Who is buying/selling BYRN?
In the last year, insiders at BYRN have bought more shares than they have sold.
Bryan Ganz, President and CEO of BYRN, was the latest BYRN insider to sell. They sold $206,017.35 worth of BYRN stock on Mar 12, 2024.
Research more about who owns BYRN shares here.
Does BYRN stock generate passive income?
No, Byrna Technologies doesn't provide an income stream by paying out dividends.
What do other traders have to say about BYRN?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your BYRN purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you need more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in BYRN
Now that you own some BYRN shares, you'll want to keep up with your company.
Start a watchlist to get notified of the latest news about your BYRN stock.
BYRN Feed
How to Buy Stock in Byrna Technologies
To reiterate, here are the 6 steps you need to take to buy Byrna Technologies stock right now:
- Decide where to buy Byrna Technologies stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Byrna Technologies stock
- Place your BYRN purchase
- Get key alerts regarding your investment in BYRN
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Byrna Technologies, hit the button below to create your watchlist.
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