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Beyond Meat Stock Went Up By Over 28% In The Last 21 Sessions

(VIANEWS) – Shares of Beyond Meat (NASDAQ: BYND) jumped by a staggering 28.13% in 21 sessions from $14.04 at 2023-01-09, to $17.99 at 22:14 EST on Monday, after two consecutive sessions in a row of losses. NASDAQ is falling 1% to $11,887.45, after two successive sessions in a row of losses.

Beyond Meat’s last close was $17.99, 72.15% under its 52-week high of $64.59.

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%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.6%, now sitting on 463.6M for the twelve trailing months.

Yearly Top and Bottom Value

Beyond Meat’s stock is valued at $17.99 at 22:14 EST, way under its 52-week high of $64.59 and way above its 52-week low of $11.03.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 31% and positive 18.9% for the next.

More news about Beyond Meat (BYND).

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