On Friday, Beyond Meat Inc (NASDAQ: BYND) opened higher 1.34% from the last session, before settling in for the closing price of $4.49. Price fluctuations for BYND have ranged from $4.46 to $12.12 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 52.34%. Company’s average yearly earnings per share was noted 59.07% at the time writing. With a float of $61.08 million, this company’s outstanding shares have now reached $65.17 million.
The extent of productivity of a business whose workforce counts for 749 workers is very important to gauge. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Beyond Meat Inc is 6.33%, while institutional ownership is 47.09%.
Beyond Meat Inc (BYND) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.07% 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
Check out the current performance indicators for Beyond Meat Inc (BYND). In the past quarter, the stock posted a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.18, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -1.60 in one year’s time.
Technical Analysis of Beyond Meat Inc (BYND)
The latest stats from [Beyond Meat Inc, BYND] show that its last 5-days average volume of 4.17 million was superior to 2.99 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 6.47%. Additionally, its Average True Range was 0.26.
During the past 100 days, Beyond Meat Inc’s (BYND) raw stochastic average was set at 1.88%, which indicates a significant decrease from 10.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.13% in the past 14 days, which was lower than the 70.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.85, while its 200-day Moving Average is $6.70. Now, the first resistance to watch is $4.62. This is followed by the second major resistance level at $4.69. The third major resistance level sits at $4.76. If the price goes on to break the first support level at $4.49, it is likely to go to the next support level at $4.42. The third support level lies at $4.35 if the price breaches the second support level.
Beyond Meat Inc (NASDAQ: BYND) Key Stats
There are currently 65,203K shares outstanding in the company with a market cap of 300.64 million. Presently, the company’s annual sales total 343,380 K according to its annual income of -338,140 K. Last quarter, the company’s sales amounted to 81,010 K and its income totaled -26,580 K.
