Beyond Meat Inc (NASDAQ:BYND) currently has a daily average trading volume of 2.77M but it saw 2415400 shares traded in last market. With a market cap of 385.39M USD, the company’s current market price of $5.94 came falling about -2.30 while comparing to the previous closing price of $6.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.24 and as low as $5.58.
Taking a look at 20-day trading activity of Beyond Meat Inc (BYND) gives us an average price of $6.67, while its current price level is -65.55% below from 52-week high level whereas it is 6.45% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.96 while that of 200 days or SMA-200 reads an average of $7.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.96% during that period while stretching the period over a month that decreases to 6.60%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.16 which implies that the stock is in neutral territory.
Consumer Edge Research downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on November 13, 2023 while assigning a price target of $5. Mizuho issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $12 and $5.
Over the week, BYND’s stock price is moving -7.62% down while it is -8.76% when we observe its performance for the past one month. Year-to-date it is -33.26% down and over the past year, the stock is showing a downside performance of -61.75%.
Currently, Beyond Meat Inc’s total number of outstanding shares is 64.62M. Company’s return on investment (ROI) stands at -50.82%. Stock’s beta reads 2.27. Stock has a price to sale or P/S ratio amounts to 1.18. Its return on asset (ROA) is -38.74% on average.
