Beyond Meat, Inc. (NASDAQ: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 (NASDAQ:BYND) – be it to purchase shares, or even attempt to bet against the company.

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

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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.