Beyond Meat Inc (NASDAQ:BYND) currently has a daily average trading volume of 3.70M but it saw 3213600 shares traded in last market. With a market cap of 264.73M USD, the company’s current market price of $4.06 came rising about 4.10 while comparing to the previous closing price of $3.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.12 and as low as $3.30. In the recent trading on the day, stock has struck highest price mark of $3.879 while lowest mark touched by it was $4.15.
Taking a look at 20-day trading activity of Beyond Meat Inc (BYND) gives us an average price of $3.84, while its current price level is -66.50% below from 52-week high level whereas it is 23.03% 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 $4.31 while that of 200 days or SMA-200 reads an average of $6.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.91% during that period while stretching the period over a month that increases to 6.99%. 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 51.29 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 2.27% up while it is 19.06% when we observe its performance for the past one month. Year-to-date it is 7.98% up and over the past year, the stock is showing a downside performance of -43.88%.
Currently, Beyond Meat Inc’s total number of outstanding shares is 65.17M with 5.58% of that held by the insiders while 47.82% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -44.62%. Stock’s beta reads 2.31. Stock has a price to sale or P/S ratio amounts to 0.82. Its return on asset (ROA) is -33.35% on average.
