Beyond Meat Inc (NASDAQ:BYND) currently has a daily average trading volume of 2.72M but it saw 7814390 shares traded in last market. With a market cap of 379.82M USD, the company’s current market price of $5.84 came falling about -11.25 while comparing to the previous closing price of $6.58. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.12 and as low as $5.13. In the recent trading on the day, stock has struck highest price mark of $5.83 while lowest mark touched by it was $6.28.
Taking a look at 20-day trading activity of Beyond Meat Inc (BYND) gives us an average price of $6.35, while its current price level is -51.81% below from 52-week high level whereas it is 13.84% 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 $6.37 while that of 200 days or SMA-200 reads an average of $6.88. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.15% during that period while stretching the period over a month that decreases to 4.78%. 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 40.84 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 -4.11% down while it is -10.02% when we observe its performance for the past one month. Year-to-date it is -34.38% down and over the past year, the stock is showing a downside performance of -16.21%.
Currently, Beyond Meat Inc’s total number of outstanding shares is 64.62M. Company’s return on investment (ROI) stands at -44.62%. Stock’s beta reads 2.30. Stock has a price to sale or P/S ratio amounts to 1.17. Its return on asset (ROA) is -33.35% on average.
