Beyond Meat Inc (NASDAQ: BYND) is -29.66% lower on its value in year-to-date trading and has touched a low of $5.13 and a high of $12.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BYND stock was last observed hovering at around $6.30 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $6.26, the stock is 1.25% and 0.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -0.63% at the moment leaves the stock -14.05% off its SMA200. BYND registered -39.11% loss for a year compared to 6-month loss of -23.94%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 8.68% gain in the last 1 month and extending the period to 3 months gives it a -8.08%, and is 5.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.68% over the week and 5.35% over the month.
Beyond Meat Inc (BYND) has around 749 employees, a market worth around $407.15M and $317.78M in sales. Profit margin for the company is -98.95%. Distance from 52-week low is 22.03% and -48.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-50.09%).
The EPS is expected to grow by 57.92% this year.
Beyond Meat Inc (BYND) Top Institutional Holders
299.0 institutions hold shares in Beyond Meat Inc (BYND), with institutional investors hold 46.61% of the company’s shares. The shares outstanding are 64.62M, and float is at 60.90M with Short Float at 38.94%. Institutions hold 44.30% of the Float.
The top institutional shareholder in the company is PARKWOOD LLC with over 5.4 million shares valued at $1.15 million. The investor’s holdings represent 8.3459% of the BYND Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.46 million shares valued at $29.94 million to account for 6.897 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.2 million shares representing 6.4909% and valued at over $28.18 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 4.8485 of the shares totaling 3.14 million with a market value of $21.05 million.
Beyond Meat Inc (BYND) Insider Activity
#####