Beyond Meant (BYND) Shares Rise as Executive Leaves

Beyond Meat rose 1.1% during the afternoon session to $16.09 per share. As reported by Wall Street Journal: "Beth Moskowitz departs the plant-based meat alternative pioneer as the company seeks to turn its business around." You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company belongs to the Consumer Defensive sector, which has an average price to earnings (P/E) ratio of 24.21 and an average price to book (P/B) ratio of 4.09. In contrast, Beyond Meat has a trailing 12 month P/E ratio of -18.9 and a P/B ratio of 2.8.

At today's price of $16.09 per share, Beyond Meat is -10.26% away from its target price of $17.93, and on average, analysts give the stock a rating of hold. 45.2% of the company's shares are linked to short positions, and 57.4% of the shares are owned by institutional investors.

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