Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Beyond Meat Inc’s stock clocked out at $3.79, down -4.29% from its previous closing price of $3.96. In other words, the price has decreased by -$4.29 from its previous closing price. On the day, 2.87 million shares were traded. BYND stock price reached its highest trading level at $3.945 during the session, while it also had its lowest trading level at $3.755.
Ratios:
To gain a deeper understanding of BYND’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 3.43.
On November 13, 2023, Consumer Edge Research Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $5.
Mizuho Downgraded its Neutral to Underperform on October 12, 2023, whereas the target price for the stock was revised from $12 to $5.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when Brown Ethan sold 313,000 shares for $3.75 per share. The transaction valued at 1,173,093 led to the insider holds 1,703,288 shares of the business.
Brown Ethan sold 162,772 shares of BYND for $637,301 on Dec 12 ’24. The President, Chief Exec. Officer now owns 1,524,032 shares after completing the transaction at $3.92 per share. On Dec 13 ’24, another insider, Brown Ethan, who serves as the Officer of the company, bought 313,000 shares for $3.75 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BYND now has a Market Capitalization of 247120512 and an Enterprise Value of 1348902528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76. Its current Enterprise Value per Revenue stands at 4.17 whereas that against EBITDA is -10.002.
Stock Price History:
The Beta on a monthly basis for BYND is 2.31, which has changed by -0.35294116 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, BYND has reached a high of $12.12, while it has fallen to a 52-week low of $3.30. The 50-Day Moving Average of the stock is -8.56%, while the 200-Day Moving Average is calculated to be -36.18%.
Shares Statistics:
It appears that BYND traded 3.80M shares on average per day over the past three months and 3331050 shares per day over the past ten days. A total of 65.17M shares are outstanding, with a floating share count of 60.60M. Insiders hold about 7.06% of the company’s shares, while institutions hold 49.03% stake in the company. Shares short for BYND as of 1736899200 were 33831654 with a Short Ratio of 8.90, compared to 1734048000 on 27586703. Therefore, it implies a Short% of Shares Outstanding of 33831654 and a Short% of Float of 54.190000000000005.
