Moolec Science (NASDAQ:MLEC) Trading Down 5.4% – Time to Sell?

Moolec Science SA (NASDAQ:MLECGet Free Report) shares dropped 5.4% on Tuesday . The company traded as low as $3.10 and last traded at $3.17. Approximately 75,998 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 149,293 shares. The stock had previously closed at $3.35.

Moolec Science Price Performance

The stock’s fifty day moving average price is $6.31 and its two-hundred day moving average price is $6.99. The firm has a market capitalization of $12.72 million, a price-to-earnings ratio of -1.44 and a beta of -0.38. The company has a current ratio of 1.48, a quick ratio of 0.73 and a debt-to-equity ratio of 6.99.

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.

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