Moolec Science (NASDAQ:MLEC) Stock Price Up 0.8% – Here’s Why

Moolec Science SA (NASDAQ:MLEC)’s stock price rose 0.8% during trading on Friday . The stock traded as high as $8.90 and last traded at $9.09. Approximately 1,038 shares traded hands during trading, a decline of 74% from the average daily volume of 3,998 shares. The stock had previously closed at $9.02.

Moolec Science Stock Performance

The stock has a market cap of $36.49 million, a P/E ratio of -43.30 and a beta of -0.39. The company has a fifty day moving average of $7.23 and a 200 day moving average of $7.77. The company has a debt-to-equity ratio of 3.24, a current ratio of 1.51 and a quick ratio of 0.76.

Moolec Science (NASDAQ:MLEC) last posted its quarterly earnings results on Wednesday, April 16th. The company reported ($0.60) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.60). The firm had revenue of $2.64 million for the quarter, compared to analyst estimates of $2.01 million. Moolec Science had a negative net margin of 140.32% and a negative return on equity of 119.34%.

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.