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The Significance of Moving Averages in Beyond Meat Inc Inc. (BYND) Price Performance

ELVT Stock

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 4.20% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -47.69%. Over the past 30 days, the price of BYND has fallen by 0.20%. And in the last five days, it has surged by 4.20%.

Beyond Meat Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $12.12 on 02/28/24, while the lowest value for the same period was recorded at $3.30 on 12/20/24.

52-week price history of BYND Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Beyond Meat Inc’s current trading price is -67.67% away from its 52-week high, while its distance from the 52-week low is 18.72%. The stock’s price range during this period has varied between$3.30 and $12.12. The Beyond Meat Inc’s shares, which operate in the Consumer Defensive, saw a trading volume of around 2.24 million for the day, a figure considerably lower than their average daily volume of 3.41 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Beyond Meat Inc (BYND) has experienced a quarterly decline of -40.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 255.46M and boasts a workforce of 749 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.45, with a change in price of -2.45. Similarly, Beyond Meat Inc recorded 2,876,344 in trading volume during the last 100 days, posting a change of -38.39%.

BYND Stock Stochastic Average

Beyond Meat Inc’s raw stochastic average for the past 50 days is presently 19.29%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 70.73%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.02% and 38.46%, respectively.

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