Moolec Science (NASDAQ:MLEC) Stock Price Down 4.5%

Moolec Science SA (NASDAQ:MLECGet Free Report)’s share price traded down 4.5% during mid-day trading on Tuesday . The stock traded as low as $1.24 and last traded at $1.26. 18,007 shares changed hands during trading, a decline of 98% from the average session volume of 1,167,843 shares. The stock had previously closed at $1.32.

Analyst Ratings Changes

Separately, Maxim Group assumed coverage on Moolec Science in a research report on Tuesday, January 30th. They set a “buy” rating and a $6.00 target price for the company.

Check Out Our Latest Report on MLEC

Moolec Science Price Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 0.43 and a quick ratio of 0.37. The company has a 50-day moving average of $1.39 and a 200-day moving average of $1.91.

Moolec Science (NASDAQ:MLECGet Free Report) last issued its quarterly earnings data on Wednesday, March 13th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.05). The business had revenue of $0.25 million during the quarter, compared to analyst estimates of $0.63 million.

Moolec Science Company Profile

(Get Free Report)

Moolec Science SA, a science-based food ingredient company, focuses on developing real animal proteins in plants using molecular farming. It offers Chymosin SPC, a dairy ingredient; GLA SONOVA, a nutritional oil; POORK+, a plant-based, animal meat free ingredient with porcine proteins in soybeans; and BEEF+, a meat replacement product.

Further Reading

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