Benson Hill (NASDAQ:BHIL) Stock Price Down 2.5% – Here’s Why

Benson Hill, Inc. (NASDAQ:BHIL)’s stock price traded down 2.5% during mid-day trading on Wednesday . The stock traded as low as $1.82 and last traded at $1.97. 70,114 shares traded hands during mid-day trading, an increase of 134% from the average session volume of 30,026 shares. The stock had previously closed at $2.02.

Benson Hill Trading Down 2.5 %

The firm has a market cap of $12.04 million, a price-to-earnings ratio of -0.11 and a beta of 1.93. The business has a 50 day moving average of $4.25 and a 200 day moving average of $5.69. The company has a quick ratio of 1.74, a current ratio of 2.21 and a debt-to-equity ratio of 3.12.

Institutional Investors Weigh In On Benson Hill

A hedge fund recently bought a new stake in Benson Hill stock. Point72 Asia Singapore Pte. Ltd. bought a new position in Benson Hill, Inc. (NASDAQ:BHIL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 259,400 shares of the company’s stock, valued at approximately $40,000. Point72 Asia Singapore Pte. Ltd. owned 0.12% of Benson Hill as of its most recent filing with the Securities and Exchange Commission. 36.21% of the stock is currently owned by institutional investors and hedge funds.

About Benson Hill

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.