Beyond Meat Inc (NASDAQ: BYND) kicked off on Friday, down -3.02% from the previous trading day, before settling in for the closing price of $5.30. Over the past 52 weeks, BYND has traded in a range of $5.00-$12.12.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 52.34%. While this was happening, its average annual earnings per share was recorded 59.43%. With a float of $61.06 million, this company’s outstanding shares have now reached $64.62 million.
Let’s determine the extent of company efficiency that accounts for 749 employees. In terms of profitability, gross margin is -16.62%, operating margin of -86.29%, and the pretax margin is -83.62%.
Beyond Meat Inc (BYND) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of Beyond Meat Inc is 6.35%, while institutional ownership is 47.07%.
Beyond Meat Inc (BYND) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 59.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -60.31% drop over the previous five years of trading.
Beyond Meat Inc (NASDAQ: BYND) Trading Performance Indicators
Take a look at Beyond Meat Inc’s (BYND) current performance indicators. Last quarter, stock had a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.18, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -1.55 in one year’s time.
Technical Analysis of Beyond Meat Inc (BYND)
Looking closely at Beyond Meat Inc (NASDAQ: BYND), its last 5-days average volume was 3.55 million, which is a jump from its year-to-date volume of 2.95 million. As of the previous 9 days, the stock’s Stochastic %D was 14.79%. Additionally, its Average True Range was 0.34.
During the past 100 days, Beyond Meat Inc’s (BYND) raw stochastic average was set at 3.30%, which indicates a significant decrease from 8.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.69% in the past 14 days, which was lower than the 72.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.27, while its 200-day Moving Average is $6.83. However, in the short run, Beyond Meat Inc’s stock first resistance to watch stands at $5.30. Second resistance stands at $5.46. The third major resistance level sits at $5.60. If the price goes on to break the first support level at $5.00, it is likely to go to the next support level at $4.86. Should the price break the second support level, the third support level stands at $4.70.
Beyond Meat Inc (NASDAQ: BYND) Key Stats
The company with the Market Capitalisation of 325.03 million has total of 65,203K Shares Outstanding. Its annual sales at the moment are 343,380 K in contrast with the sum of -338,140 K annual income. Company’s last quarter sales were recorded 81,010 K and last quarter income was -26,580 K.
