LADENBURG THALM/SH SH Initiates Coverage on Byrna Technologies (OTCMKTS:BYRN)

Share on StockTwits

Equities research analysts at LADENBURG THALM/SH SH initiated coverage on shares of Byrna Technologies (OTCMKTS:BYRN) in a research report issued to clients and investors on Monday, The Fly reports. The brokerage set a “buy” rating on the stock.

BYRN has been the topic of a number of other reports. Zacks Investment Research downgraded Byrna Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, March 24th. Bradley Woods reaffirmed a “hold” rating on shares of Byrna Technologies in a report on Monday, March 22nd.

Shares of Byrna Technologies stock opened at $21.40 on Monday. The company has a quick ratio of 1.19, a current ratio of 1.45 and a debt-to-equity ratio of 0.01. The business’s 50 day simple moving average is $15.16 and its two-hundred day simple moving average is $14.80. Byrna Technologies has a one year low of $0.24 and a one year high of $2.24.

Byrna Technologies (OTCMKTS:BYRN) last announced its quarterly earnings results on Thursday, February 25th. The company reported ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.20). Byrna Technologies had a negative return on equity of 233.99% and a negative net margin of 209.22%. The company had revenue of $11.03 million during the quarter, compared to analysts’ expectations of $11.10 million. On average, research analysts predict that Byrna Technologies will post -0.07 EPS for the current fiscal year.

About Byrna Technologies

Byrna Technologies Inc, a less-lethal defense technology company, develops and manufactures less-lethal munitions. The company offers a Byrna line of handheld personal security devices, including the Byrna HD, a .68 caliber handheld personal security device that is designed to be used by civilians and private security professionals, as well as Byrna HD magazines, launchers, and projectiles.

Further Reading: Stock Selection – What is cash flow?

The Fly

Receive News & Ratings for Byrna Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Byrna Technologies and related companies with's FREE daily email newsletter.