Shares of Moolec Science SA (NASDAQ:MLEC – Get Free Report) were down 1.3% during mid-day trading on Monday . The company traded as low as $0.83 and last traded at $0.86. Approximately 6,176 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 513,018 shares. The stock had previously closed at $0.87.
Moolec Science Price Performance
The company has a market cap of $33.10 million, a PE ratio of -4.26 and a beta of -0.49. 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 has a 50-day moving average of $0.87 and a 200-day moving average of $0.96.
Moolec Science (NASDAQ:MLEC – Get Free Report) last announced its quarterly earnings data on Wednesday, October 2nd. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). Moolec Science had a negative net margin of 129.97% and a negative return on equity of 97.95%. The company had revenue of $1.52 million for the quarter.
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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