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The price of Beyond Meat Inc (NASDAQ: BYND) closed at $5.27 in the last session, down -5.89% from day before closing price of $5.60. In other words, the price has decreased by -$5.89 from its previous closing price. On the day, 2.76 million shares were traded. BYND stock price reached its highest trading level at $5.5 during the session, while it also had its lowest trading level at $5.13.
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 2.72 and its Current Ratio is at 4.27.
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.
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 341942368 and an Enterprise Value of 1406406400. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05. Its current Enterprise Value per Revenue stands at 4.304 whereas that against EBITDA is -7.034.
Stock Price History:
Over the past 52 weeks, BYND has reached a high of $16.38, while it has fallen to a 52-week low of $5.50. The 50-Day Moving Average of the stock is -22.40%, while the 200-Day Moving Average is calculated to be -28.48%.
Shares Statistics:
According to the various share statistics, BYND traded on average about 2.78M shares per day over the past 3-months and 2403070 shares per day over the past 10 days. A total of 64.62M shares are outstanding, with a floating share count of 60.74M. Insiders hold about 6.39% of the company’s shares, while institutions hold 47.75% stake in the company. Shares short for BYND as of 1721001600 were 23585339 with a Short Ratio of 8.48, compared to 1718323200 on 23931486. Therefore, it implies a Short% of Shares Outstanding of 23585339 and a Short% of Float of 37.97.
