Beyond Meat Inc (NASDAQ:BYND) currently has a daily average trading volume of 2.94M but it saw 5253816 shares traded in last market. With a market cap of 222.34M USD, the company’s current market price of $3.41 came falling about -6.58 while comparing to the previous closing price of $3.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.12 and as low as $3.55. In the recent trading on the day, stock has struck highest price mark of $3.4 while lowest mark touched by it was $3.66.
Taking a look at 20-day trading activity of Beyond Meat Inc (BYND) gives us an average price of $4.44, while its current price level is -71.86% below from 52-week high level whereas it is -3.94% 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 $5.37 while that of 200 days or SMA-200 reads an average of $6.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.54% during that period while stretching the period over a month that decreases to 5.48%. 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 20.98 which implies that the stock is in oversold 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 -12.79% down while it is -30.12% when we observe its performance for the past one month. Year-to-date it is -61.69% down and over the past year, the stock is showing a downside performance of -66.04%.
Currently, Beyond Meat Inc’s total number of outstanding shares is 65.17M. Company’s return on investment (ROI) stands at -44.62%. Stock’s beta reads 2.27. Stock has a price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is -33.35% on average.
