Beyond Meat Stock Bullish By 27% In The Last 21 Sessions

(VIANEWS) – Shares of Beyond Meat (NASDAQ: BYND) jumped by a staggering 27.79% in 21 sessions from $12.39 at 2023-01-03, to $15.83 at 12:00 EST on Wednesday, after two sequential sessions in a row of losses. NASDAQ is dropping 0.5% to $11,526.64, following the last session’s upward trend.

Beyond Meat’s last close was $16.43, 75.86% under its 52-week high of $68.06.

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%.

Volatility

Beyond Meat’s last week, last month’s, and last quarter’s current intraday variation average was 0.52%, 1.48%, and 4.37%.

Beyond Meat’s highest amplitude of average volatility was 6.84% (last week), 4.63% (last month), and 4.37% (last quarter).

Sales Growth

Beyond Meat’s sales growth is negative 7.8% for the present quarter and negative 6.1% for the next.

More news about Beyond Meat (BYND).

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