Moolec Science (NASDAQ:MLEC) Stock Price Down 1.3% – What’s Next?

Shares of Moolec Science SA (NASDAQ:MLEC) fell 1.3% on Monday . The company traded as low as $0.83 and last traded at $0.86. 6,176 shares traded hands during trading, a decline of 99% from the average session volume of 513,018 shares. The stock had previously closed at $0.87.

Moolec Science Trading Down 1.3 %

The company has a debt-to-equity ratio of 1.75, a current ratio of 1.69 and a quick ratio of 0.92. The firm has a fifty day simple moving average of $0.87 and a 200-day simple moving average of $0.96. The firm has a market cap of $33.00 million, a P/E ratio of -4.29 and a beta of -0.54.

Moolec Science (NASDAQ:MLEC) last issued its earnings results on Wednesday, October 2nd. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). Moolec Science had a negative return on equity of 97.95% and a negative net margin of 129.97%. The firm had revenue of $1.52 million during the quarter.

Moolec Science Company Profile

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.