BYND Looks Ready To Come Down More BYND看来会再跌多些

BYND has been trending down since it made historical high near 240 in July. It is now trading below its 20 and 50 day moving averages. For the last 2 months it traded between 133 and 172. Today the low end of the the trading range has broken. It looks ready to go down and test the high end of the June gap at 120. If 120 is broken, it may then  proceed to fill gap to 102. Other negatives for the stock are forward PE is 494 while the projected earning growth is only 196. Price to sale and price to book are respectively 49 and 16, a very high valuation.  In May Goldman Sachs rated stock as Hold and 1year target price at 67. Average analyst rating is also Hold.

自7月份创下近240的历史高位以来，BYND一直在下跌。 现在它的价格低于其20天和50天移动平均线。 在过去的两个月中，它的交易区间在133至172之间。今天，该交易区间的低端已跌破。 它可能会继续下跌并测试6月份裂口的高价位120。如果跌破120，则可能会继续填补空位低端至102。股票的其他不利因素是前导PE是494，而预期的收入增长仅为 196。价格/销售比率及价格/账面价值比率分别为49和16，非常高的估值。 高盛在5月份将股票评级为“持有”，并将1年目标价格定为67。分析师的平均评级也为“持有”。