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The closing price of Beyond Meat Inc (NASDAQ: BYND) was $6.04 for the day, down -0.82% from the previous closing price of $6.09. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 2.93 million shares were traded. BYND stock price reached its highest trading level at $6.218 during the session, while it also had its lowest trading level at $5.88.
Ratios:
Our analysis of BYND’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 3.80.
Upgrades & Downgrades
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 396083872 and an Enterprise Value of 1470829824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24. Its current Enterprise Value per Revenue stands at 4.628 whereas that against EBITDA is -8.145.
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 $5.13. The 50-Day Moving Average of the stock is -5.11%, while the 200-Day Moving Average is calculated to be -12.35%.
Shares Statistics:
BYND traded an average of 2.70M shares per day over the past three months and 1965920 shares per day over the past ten days. A total of 64.62M shares are outstanding, with a floating share count of 60.91M. Insiders hold about 6.35% of the company’s shares, while institutions hold 43.89% stake in the company. Shares short for BYND as of 1728950400 were 26152000 with a Short Ratio of 9.68, compared to 1726185600 on 23722267. Therefore, it implies a Short% of Shares Outstanding of 26152000 and a Short% of Float of 42.0.
