Beyond Meat Stock Bearish Momentum With A 9% Drop As Session Comes To An End On Thursday

(VIANEWS) – Shares of Beyond Meat (NASDAQ: BYND) dropped 9.11% to $15.46 at 15:11 EST on Thursday, following the last session’s upward trend. NASDAQ is falling 1.47% to $14,146.56, after three consecutive sessions in a row of gains. This seems, as yet, an all-around bearish trend trading session today.

Beyond Meat’s last close was $17.01, 61.85% under its 52-week high of $44.59.

About Beyond Meat

Beyond Meat, Inc. 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, convenience, 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 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 $-5.02.

Volatility

Beyond Meat’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.97%, a positive 1.73%, and a positive 3.89%.

Beyond Meat’s highest amplitude of average volatility was 2.36% (last week), 3.33% (last month), and 3.89% (last quarter).

Earnings Before Interest, Taxes, Depreciation, and Amortization

Beyond Meat’s EBITDA is -39.48.

Moving Average

Beyond Meat’s worth is way above its 50-day moving average of $12.41 and higher than its 200-day moving average of $14.42.

More news about Beyond Meat (BYND).

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