Laird Superfood (NYSEMKT:LSF) Trading 2.6% Higher

Laird Superfood, Inc. (NYSEMKT:LSFGet Rating) traded up 2.6% on Friday . The company traded as high as $1.25 and last traded at $1.19. 22,826 shares changed hands during trading, a decline of 55% from the average session volume of 50,343 shares. The stock had previously closed at $1.16.

Laird Superfood Stock Up 2.6 %

The business’s 50 day moving average is $1.12 and its two-hundred day moving average is $1.74. The firm has a market cap of $10.97 million, a P/E ratio of -0.34 and a beta of 0.89.

Institutional Investors Weigh In On Laird Superfood

A number of large investors have recently bought and sold shares of LSF. Millennium Management LLC grew its holdings in Laird Superfood by 128.7% in the second quarter. Millennium Management LLC now owns 105,301 shares of the company’s stock worth $201,000 after purchasing an additional 59,258 shares during the period. State Street Corp grew its holdings in shares of Laird Superfood by 30.1% during the first quarter. State Street Corp now owns 110,254 shares of the company’s stock valued at $398,000 after buying an additional 25,540 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in shares of Laird Superfood during the first quarter valued at about $489,000. 15.07% of the stock is currently owned by institutional investors and hedge funds.

About Laird Superfood

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Laird Superfood, Inc manufactures and markets plant-based natural and functional food in the United States. It offers powdered and liquid coffee creamers, and hydration and beverage enhancing supplements; hydrate coconut water products, activate daily jumpstart products, activate prebiotic daily greens, renew plant-based proteins, and performance mushroom supplements; coffee, tea, hot chocolate products; and Pili nuts and Harvest dates.

Further Reading

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