Steakholder Foods (NASDAQ:STKH) Trading Up 2% – Here’s What Happened

Steakholder Foods Ltd. (NASDAQ:STKHGet Free Report) shares shot up 2% during mid-day trading on Monday . The company traded as high as $2.56 and last traded at $2.49. 24,750 shares changed hands during trading, an increase of 88% from the average session volume of 13,181 shares. The stock had previously closed at $2.44.

Steakholder Foods Price Performance

The firm’s fifty day simple moving average is $2.77 and its 200-day simple moving average is $3.21.

Steakholder Foods Company Profile

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Steakholder Foods Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter in Israel. The company develops a three-dimensional bioprinter to deposit layers of stem cells and differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat.

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