Beyond Meat Already 4% Down, Almost One Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than one hour and Beyond Meat‘s pre-market value is already 4.81% down.

Beyond Meat’s last close was $8.31, 56.83% below its 52-week high of $19.25.

The last session, NASDAQ ended with Beyond Meat (BYND) dropping 2.24% to $8.31. NASDAQ jumped 0.82% to $16,103.45, following the last session’s upward trend on what was a somewhat up trend exchanging session.

About Beyond Meat

Beyond Meat, Inc., a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was incorporated in 2008 and is headquartered in El Segundo, California.

Earnings Per Share

As for profitability, Beyond Meat has a trailing twelve months EPS of $-5.26.

Moving Average

Beyond Meat’s worth is higher than its 50-day moving average of $7.61 and way under its 200-day moving average of $9.96.

Sales Growth

Beyond Meat’s sales growth is negative 18.3% for the ongoing quarter and negative 6% for the next.

Volume

Today’s last reported volume for Beyond Meat is 2764355 which is 27.03% below its average volume of 3788440.

More news about Beyond Meat (BYND).

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