Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Beyond Meat Inc (NASDAQ: BYND) closed at $3.54 in the last session, down -0.28% from day before closing price of $3.55. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 3.88 million shares were traded. BYND stock price reached its highest trading level at $3.65 during the session, while it also had its lowest trading level at $3.42.
Ratios:
We take a closer look at BYND’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 230819680 and an Enterprise Value of 1333253760. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74. Its current Enterprise Value per Revenue stands at 4.122 whereas that against EBITDA is -9.886.
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 -32.60%, while the 200-Day Moving Average is calculated to be -45.02%.
Shares Statistics:
According to the various share statistics, BYND traded on average about 3.00M shares per day over the past 3-months and 4350950 shares per day over the past 10 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 47.05% stake in the company. Shares short for BYND as of 1732838400 were 28146567 with a Short Ratio of 9.38, compared to 1730332800 on 26019234. Therefore, it implies a Short% of Shares Outstanding of 28146567 and a Short% of Float of 45.080003000000005.
