Beyond Meat, Inc. is an American meat substitute company headquartered in El Segundo, California. Its current market capitalization stands at 11.11 bln USD as of 3rd February 2023, according to data from NASDAQ. Market capitalization has experienced significant ups and downs over the past three days. On 1st February 2023 it amounted to 10.82 bln USD, increasing to 12.88 bln USD on 2nd February 2023 and coming down to 12.38 bln USD on 3rd February 2023.
The company’s shares have also been experiencing a volatile journey lately with price ranging between 15.5 USD and 17.45 USD over the past 24 hours and 52-week low and high of 11.03 USD and 61.6 USD respectively as of 3rd February 2023. The average trading volume over the past 50 days has been around 24 mln shares while 200-day average volume stood at 25 mln shares as per data available on 3rd Feburary 2023 on NASDAQ exchange for Beyond Meat Inc.’s stock (BYND).
In conclusion, Beyond Meat Inc.’s financial situation is currently volatile due to changes in its market capitalization and share prices in past few days indicating a cautious outlook by investors for near future operations of the company . Investors are advised to exercise caution when making decisions about investing in Beyond Meat Inc., given the uncertain nature of business environment
