Yield10 Bioscience (NASDAQ:YTEN) Stock Price Passes Above 200 Day Moving Average of $0.27

Yield10 Bioscience, Inc. (NASDAQ:YTEN) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.27 and traded as high as $0.28. Yield10 Bioscience shares last traded at $0.27, with a volume of 276,391 shares.

Analysts Set New Price Targets

Separately, Lake Street Capital downgraded Yield10 Bioscience from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th.

Yield10 Bioscience Trading Down 2.1 %

The business has a 50-day moving average price of $0.29 and a 200 day moving average price of $0.27. The company has a market cap of $4.20 million, a price-to-earnings ratio of -0.13 and a beta of 1.58.

Institutional Investors Weigh In On Yield10 Bioscience

An institutional investor recently bought a new position in Yield10 Bioscience stock. Millennium Management LLC bought a new stake in shares of Yield10 Bioscience, Inc. (NASDAQ:YTEN) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 58,768 shares of the specialty chemicals company’s stock, valued at approximately $132,000. Millennium Management LLC owned 1.20% of Yield10 Bioscience as of its most recent SEC filing. 4.91% of the stock is currently owned by hedge funds and other institutional investors.

Yield10 Bioscience Company Profile

Yield10 Bioscience, Inc operates as agricultural bioscience company in the United States. The company primarily focus on production of low carbon products through processing Camelina seeds. Its products include Camelina oil for low carbon biofuel feedstock; Omega-3 oils for nutrition; and PHA bioplastics for biodegradable zero waste packaging solutions.