Byrna Technologies Inc (BYRN) Stock: What Does the Chart Say Wednesday?

Byrna Technologies Inc (BYRN) stock has gained 5.93% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Byrna Technologies Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BYRN!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With BYRN Stock Today?

Byrna Technologies Inc (BYRN) stock is trading at $2.50 as of 10:51 AM on Wednesday, Oct 4, a gain of $0.12, or 5.04% from the previous closing price of $2.38. The stock has traded between $2.41 and $2.50 so far today. Volume today is low. So far 12,737 shares have traded compared to average volume of 58,331 shares. To screen for more stocks like Byrna Technologies Inc click here.

More About Byrna Technologies Inc

Byrna Technologies Inc is a non-lethal technology company, specializing in the development and manufacture of less-lethal equipment and munitions. Its product Byrna HD is a well-made, ergonomically designed, handheld personal security device. The firm's products are used by homeowners, renters, campers, truckers, real estate agents, and others which helps the individual to reduce risk and ensure safety. It markets products to the consumer, private security, law enforcement and military end markets in the United States, Canada and South Africa. Click Here to get the full Stock Report for Byrna Technologies Inc stock.