What's Going On With Beyond Meat Stock Monday?

Zinger Key Points
  • Beyond Meat is anticipated to release quarterly financial earnings on August 5.
  • The company's stock is trading lower than it was late last week.

Beyond Meat, Inc. BYND shares are trading lower on Monday on continued weakness after it was reported late last week that the company’s liquidity position had deteriorated caused the stock to drop.

What To Know: The report also suggested that the company reached out to a group of bondholders to start discussions about restructuring its balance sheet.

Last Thursday, the company’s stock was trading around $6.20. As of Monday morning, the stock is trading at $5.80. The current trading price is at the bottom of its 52 week range of $5.58 to $17.96 and below its 50 day moving average of $7.08.

Beyond Meat is anticipated to release quarterly financial earnings on August 5. Analysts estimate a loss of 51 cents per share and revenue of $87.80 million.

How To Buy Beyond Meat Shares

By now you're likely curious about how to participate in the market for Beyond Meat BYND – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Beyond Meat BYND, which is trading at $5.8 as of publishing time, $100 would buy you 17.24 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Related Link: Royal Caribbean Pre-Q2 Earnings Analysis: Should You Buy?

BYND Price Action: As of Monday morning, the stock is trading 1.9% lower at $6.01, according to data from Benzinga Pro.

Image: Courtesy of Beyond Meat.

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