Beyond Meat Inc (NASDAQ:BYND) shares, rose in value, with the stock price up by 8.01% to the previous day’s close as strong demand from buyers drove the stock to $2.77.
Actively observing the price movement in the recent trading, the stock is buoying the session at $2.56, falling within a range of $2.57 and $2.8197. The value of beta (5-year monthly) is 2.386. Referring to stock’s 52-week performance, its high was $10.31, and the low was $2.50. On the whole, BYND has fluctuated by -20.77% over the past month.
With the market capitalization of Beyond Meat Inc currently standing at about $211.20 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 -6.75% and -17.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.11, while the 7-day volatility ratio is showing 5.46% which for the 30-day chart, stands at 7.22%. Furthermore, Beyond Meat Inc (BYND)’s beta value is 2.15, and its average true range (ATR) is 0.22.
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 8.01% in today’s session so far, and over the past year, it shrunk by -57.85%%.
Data on historical trading for Beyond Meat Inc (NASDAQ:BYND) indicates that the trading volumes over the past 10 days have averaged 2.24 and over the past 3 months, they’ve averaged 3.07 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 45.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 29.81 million shares as on 2025-03-31, resulting in a short ratio of 10.61. According to the data, the short interest in Beyond Meat Inc (BYND) stood at 4087.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 32.94 million. The stock has fallen by -26.46% 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.
