In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Beyond Meat Inc (NASDAQ: BYND) closed at $3.72 down -3.63% from its previous closing price of $3.86. In other words, the price has decreased by -$3.63 from its previous closing price. On the day, 3.16 million shares were traded.
Ratios:
For a deeper understanding of Beyond Meat Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88.
Stock Price History:
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 -4.16%, while the 200-Day Moving Average is calculated to be -35.00%.
Shares Statistics:
A total of 76.11M shares are outstanding, with a floating share count of 71.14M. Insiders hold about 6.53% of the company’s shares, while institutions hold 44.25% stake in the company.
