(VIANEWS) - Shares of Beyond Meat (NASDAQ: BYND) jumped 9.35% to $16.72 at 12:13 EST on Friday, following the last session's upward trend. NASDAQ is falling 0.68% to $11,706.79, after four sequential sessions in a row of gains. This seems, up to now, a somewhat down trend exchanging session today.
Beyond Meat's last close was $15.29, 71.4% below its 52-week high of $53.47.
About Beyond Meat
Beyond Meat, Inc. 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 store, convenience store and natural retailer channels, and direct-to-consumer, 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 founded in 2009 and is headquartered in El Segundo, California.
Earnings Per Share
As for profitability, Beyond Meat has a trailing twelve months EPS of $-0.85.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -1167.03%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 7.1% and 35.4%, respectively.Moving Average
Beyond Meat's worth is below its 50-day moving average of $16.78 and way below its 200-day moving average of $20.11.Volume
Today's last reported volume for Beyond Meat is 1080906 which is 63.64% below its average volume of 2972890.
Revenue Growth
Year-on-year quarterly revenue growth declined by 22.5%, now sitting on 439.67M for the twelve trailing months.
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