Shares of Moolec Science SA (NASDAQ:MLEC – Get Free Report) fell 5.5% on Tuesday . The stock traded as low as $0.75 and last traded at $0.76. 26,278 shares were traded during mid-day trading, a decline of 95% from the average session volume of 481,929 shares. The stock had previously closed at $0.80.
Moolec Science Trading Down 5.5 %
The company has a quick ratio of 0.92, a current ratio of 1.69 and a debt-to-equity ratio of 1.75. The stock’s 50 day moving average is $0.86 and its two-hundred day moving average is $0.92. The company has a market capitalization of $29.23 million, a PE ratio of -3.80 and a beta of -0.49.
Moolec Science (NASDAQ:MLEC – Get Free Report) last announced its quarterly earnings results on Wednesday, October 2nd. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The business had revenue of $1.52 million during the quarter. Moolec Science had a negative return on equity of 97.95% and a negative net margin of 129.97%.
About Moolec Science
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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