(VIANEWS) – Shares of Beyond Meat (NASDAQ: BYND) rose by a staggering 11.06% to $17.24 at 11:43 EST on Wednesday, following the last session’s downward trend. NASDAQ is sliding 0.03% to $11,956.09, after two successive sessions in a row of gains. This seems, so far, a somewhat negative trend trading session today.
Beyond Meat’s last close was $15.52, 75.04% below its 52-week high of $62.19.
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 -320.69%.
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