Shares of Local Bounti Co. (NYSE:LOCL – Get Free Report) dropped 5.7% during mid-day trading on Monday . The company traded as low as $1.97 and last traded at $1.98. Approximately 8,302 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 14,786 shares. The stock had previously closed at $2.10.
Local Bounti Stock Performance
The stock’s fifty day simple moving average is $1.96 and its two-hundred day simple moving average is $2.40. The company has a market capitalization of $17.14 million, a price-to-earnings ratio of -0.11 and a beta of 2.22.
Local Bounti Company Profile
Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
See Also
- Five stocks we like better than Local Bounti
- What is a SEC Filing?
- 2 Stocks to Gain From Trump Universal Tariffs on Critical Imports
- What is a Bond Market Holiday? How to Invest and Trade
- Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
- What is the Nasdaq? Complete Overview with History
- Delta Can Fly to New Highs in 2025; Here’s Why
Receive News & Ratings for Local Bounti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Local Bounti and related companies with MarketBeat.com's FREE daily email newsletter.
