Moolec Science SA (NASDAQ:MLEC – Get Free Report) dropped 3.7% during mid-day trading on Wednesday . The company traded as low as $1.00 and last traded at $1.03. Approximately 12,380 shares traded hands during trading, a decline of 99% from the average daily volume of 831,560 shares. The stock had previously closed at $1.07.
Moolec Science Stock Performance
The firm’s 50 day moving average is $1.10 and its 200 day moving average is $1.45. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.37 and a current ratio of 0.43.
Moolec Science (NASDAQ:MLEC – Get Free Report) last issued its quarterly earnings results on Thursday, May 30th. The company reported ($0.04) EPS for the quarter. Moolec Science had a negative return on equity of 87.89% and a negative net margin of 150.27%. The company had revenue of $2.11 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.
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