Byrna Technologies (NASDAQ:BYRN) Issues Earnings Results, Beats Estimates By $0.12 EPS

Byrna Technologies (NASDAQ:BYRN) posted its quarterly earnings data on Friday. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.12, Zacks reports. Byrna Technologies had a net margin of 3.12% and a return on equity of 5.58%.

Byrna Technologies Trading Up 6.0 %

Shares of Byrna Technologies stock traded up $1.65 during midday trading on Friday, reaching $29.15. The company had a trading volume of 982,824 shares, compared to its average volume of 463,521. The company has a market capitalization of $663.45 million, a price-to-earnings ratio of 324.70 and a beta of 1.65. The stock has a fifty day simple moving average of $26.90 and a 200 day simple moving average of $18.78. Byrna Technologies has a 1-year low of $7.79 and a 1-year high of $32.58.

Wall Street Analyst Weigh In

Separately, Roth Mkm restated a “buy” rating and set a $20.00 price target on shares of Byrna Technologies in a report on Wednesday, October 30th. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Byrna Technologies currently has a consensus rating of “Buy” and an average target price of $17.75.

About Byrna Technologies

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.