Beyond Meat Inc (NASDAQ: BYND) kicked off on Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $3.63. Over the past 52 weeks, BYND has traded in a range of $3.30-$12.12.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Consumer Defensive sector has jumped its sales by 5.73% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 59.22%. With a float of $60.60 million, this company’s outstanding shares have now reached $65.17 million.
In an organization with 749 employees, it is important to assess its efficiency. 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 Updates
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 7.06%, while institutional ownership is 47.13%. The most recent insider transaction that took place on Dec 13 ’24, was worth 1,173,093. In this transaction President, Chief Exec. Officer of this company sold 313,000 shares at a rate of $3.75, taking the stock ownership to the 1,703,288 shares. Before that another transaction happened on Dec 12 ’24, when Company’s President, Chief Exec. Officer sold 162,772 for $3.92, making the entire transaction worth $637,301. This insider now owns 1,524,032 shares in total.
Beyond Meat Inc (BYND) Performance Highlights and Predictions
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 59.22% per share during the next fiscal year.
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 0.73.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.94 million. That was inferior than the volume of 3.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.62%. Additionally, its Average True Range was 0.25.
During the past 100 days, Beyond Meat Inc’s (BYND) raw stochastic average was set at 7.67%, which indicates a significant decrease from 26.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.76% in the past 14 days, which was higher than the 59.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.57, while its 200-day Moving Average is $6.15. However, in the short run, Beyond Meat Inc’s stock first resistance to watch stands at $3.71. Second resistance stands at $3.78. The third major resistance level sits at $3.89. If the price goes on to break the first support level at $3.53, it is likely to go to the next support level at $3.42. Assuming the price breaks the second support level, the third support level stands at $3.35.
Beyond Meat Inc (NASDAQ: BYND) Key Stats
The company with the Market Capitalisation of 236.69 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.
