Beyond Meat Stock Was Up By 16.78% On Thursday

(VIANEWS) – The NASDAQ ended the session with Beyond Meat jumping 16.78% to $11.48 on Thursday, after two consecutive sessions in a row of gains. NASDAQ jumped 0.9% to $16,091.92, following the last session’s downward trend on what was a somewhat up trend exchanging session today.

Beyond Meat’s last close was $9.83, 50.15% under its 52-week high of $19.72.

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 $-5.26.

Volume

Today’s last reported volume for Beyond Meat is 13262500 which is 246.93% above its average volume of 3822800.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Beyond Meat’s EBITDA is -25.55.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Beyond Meat’s stock is considered to be overbought (>=80).

More news about Beyond Meat (BYND).

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