Byrna Technologies, Inc. Common Stock (BYRN)
Byrna Technologies, Inc. (BYRN) is a security company known for developing non-lethal self-defense products, including portable, technologically advanced pepper spray and ballistic systems. Founded to enhance personal safety, Byrna focuses on providing lawful and effective means of self-protection for civilians, law enforcement, and military markets through innovative, easy-to-use devices.
Company News
Byrna Technologies has appointed Adam Roth, former Nike marketing VP, and TJ Kennedy, a public safety technology leader, to its Board of Directors to enhance brand growth and market expansion strategies.
Three stocks - The RealReal, Carvana, and Byrna Technologies - have quadrupled in value in 2024, with one small-cap stock owned by a famous investor, Michael Burry. The article analyzes the performance and potential of these companies.
Byrna Technologies Inc. (BYRN) recently experienced a 'golden cross' event, which is considered a bullish signal. The company's short-term moving average broke above its long-term moving average, indicating a potential trend reversal. Additionally, the company has positive earnings estimate revisions, further supporting the bullish case.
BYRN, CMRE and TREE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 2, 2024.
Byrna's sales growth remains impressive in my view, and this company fills an urgent need in society. For these reasons, I'm still very favourably disposed toward Byrna.