Beyond Meat Inc (BYND) concluded trading on Wednesday at a closing price of $4.66, with 5.46 million shares of worth about $25.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.62% during that period and on December 04, 2024 the price saw a loss of about -4.12%. Currently the company’s common shares owned by public are about 65.17M shares, out of which, 61.06M shares are available for trading.
Stock saw a price change of -9.86% in past 5 days and over the past one month there was a price change of -22.85%. Year-to-date (YTD), BYND shares are showing a performance of -47.64% which decreased to -45.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.79 but also hit the highest price of $12.12 during that period. The average intraday trading volume for Beyond Meat Inc shares is 2.50 million. The stock is currently trading -10.06% below its 20-day simple moving average (SMA20), while that difference is down -21.74% for SMA50 and it goes to -30.74% lower than SMA200.
Beyond Meat Inc (NASDAQ: BYND) currently have 65.17M outstanding shares and institutions hold larger chunk of about 47.10% of that.
The stock has a current market capitalization of $303.85M and its 3Y-monthly beta is at 2.23. It has posted earnings per share of -$4.18 in the same period. It has Quick Ratio of 1.99. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BYND, volatility over the week remained 3.58% while standing at 5.60% over the month.
Stock’s fiscal year EPS is expected to rise by 59.07% while it is estimated to increase by 25.90% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of -60.31% made by the stock over the past 5-years.
Coverage by Consumer Edge Research stated Beyond Meat Inc (BYND) stock as an Underweight in their note to investors on November 13, 2023, suggesting a price target of $5 for the stock. On October 12, 2023, Mizuho Downgrade their recommendations, while on September 13, 2023, TD Cowen Initiated their ratings for the stock with a price target of $10. Stock get a Market perform rating from BMO Capital Markets on April 14, 2023.
