Beyond Meat Stock Impressive Rise On Wednesday, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with Beyond Meat (BYND) jumping 11.13% to $17.25 on Wednesday while NASDAQ jumped 0.92% to $12,070.59.

Beyond Meat’s last close was $15.52, 75.04% under 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%.

Volume

Today’s last reported volume for Beyond Meat is 2417320 which is 2.82% below its average volume of 2487490.

Sales Growth

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

More news about Beyond Meat (BYND).

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