Beyond Meat Inc (NASDAQ:BYND) currently has a daily average trading volume of 3.55M but it saw 2195113 shares traded in last market. With a market cap of 264.18M USD, the company’s current market price of $3.47 came falling about -0.57 while comparing to the previous closing price of $3.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.31 and as low as $2.86. In the recent trading on the day, stock has struck highest price mark of $3.4217 while lowest mark touched by it was $3.545.
Taking a look at 20-day trading activity of Beyond Meat Inc (BYND) gives us an average price of $3.40, while its current price level is -66.34% below from 52-week high level whereas it is 21.33% 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 $3.72 while that of 200 days or SMA-200 reads an average of $5.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.37% during that period while stretching the period over a month that increases to 7.61%. 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 47.92 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 5.47% up while it is -19.68% when we observe its performance for the past one month. Year-to-date it is -7.71% down and over the past year, the stock is showing a downside performance of -58.24%.
Currently, Beyond Meat Inc’s total number of outstanding shares is 76.07M with 4.84% of that held by the insiders while 44.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -25.99%. Stock’s beta reads 2.35. Stock has a price to sale or P/S ratio amounts to 0.81. Its return on asset (ROA) is -22.07% on average.
