(VIANEWS) – The NASDAQ ended the session with Beyond Meat jumping 19.35% to $12.84 on Thursday, following the last session’s downward trend. NASDAQ rose 1.02% to $13,238.52, following the last session’s downward trend on what was an all-around bullish trend exchanging session today.
Beyond Meat’s last close was $10.76, 75.87% 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 $-5.18.
Beyond Meat’s last week, last month’s, and last quarter’s current intraday variation average was a positive 2.87%, a negative 0.92%, and a positive 2.87%.
Beyond Meat’s highest amplitude of average volatility was 2.87% (last week), 4.49% (last month), and 2.87% (last quarter).
Today’s last reported volume for Beyond Meat is 14561100 which is 620.78% above its average volume of 2020170.
Year-on-year quarterly revenue growth declined by 15.7%, now sitting on 401.71M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Beyond Meat’s stock is considered to be oversold (<=20).
More news about Beyond Meat (BYND).