Beyond Meat Inc (NASDAQ:BYND) shares, rose in value on Thursday, March 27, with the stock price up by 2.16% to the previous day’s close as strong demand from buyers drove the stock to $3.31.
Actively observing the price movement in the last trading, the stock closed the session at $3.24, falling within a range of $3.2 and $3.395. The value of beta (5-year monthly) was 2.37. Referring to stock’s 52-week performance, its high was $10.31, and the low was $2.86. On the whole, BYND has fluctuated by -7.02% over the past month.
With the market capitalization of Beyond Meat Inc currently standing at about $251.99 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 325.11M, with a low estimate of 75M and a high estimate of 77M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 75.68M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BYND’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BYND currently trading nearly -0.26% and -10.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.76, while the 7-day volatility ratio is showing 7.16% which for the 30-day chart, stands at 7.73%. Furthermore, Beyond Meat Inc (BYND)’s beta value is 2.40, and its average true range (ATR) is 0.23.
A comparison of Beyond Meat Inc (BYND) with its peers suggests the former has fared considerably weaker in the market. BYND showed an intraday change of 2.16% in last session, and over the past year, it shrunk by -58.26%%.
Data on historical trading for Beyond Meat Inc (NASDAQ:BYND) indicates that the trading volumes over the past 10 days have averaged 2.59 and over the past 3 months, they’ve averaged 3.51 million. According to company’s latest data on outstanding shares, there are 76.07 million shares outstanding.
Nearly 5.96% of Beyond Meat Inc’s shares belong to company insiders and institutional investors own 44.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 30.67 million shares as on 2025-03-14, resulting in a short ratio of 7.35. According to the data, the short interest in Beyond Meat Inc (BYND) stood at 4180.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 31.71 million. The stock has fallen by -11.97% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BYND stock heading into the next quarter.
