Beyond Meat Stock Bullish Momentum With A 9.05% Rise Before The Weekend

(VIANEWS) – The NASDAQ ended the session with Beyond Meat (BYND) rising 9.05% to $18.69 on Friday while NASDAQ fell 1.69% to $11,394.94.

Beyond Meat’s last close was $17.14, 67.94% 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%.

Volatility

Beyond Meat’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.22%, a positive 0.57%, and a positive 4.47%.

Beyond Meat’s highest amplitude of average volatility was 4.22% (last week), 5.27% (last month), and 4.47% (last quarter).

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).

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