Moolec Science (NASDAQ:MLEC) Shares Down 5% – What’s Next?

Moolec Science SA (NASDAQ:MLECGet Free Report) shares fell 5% during mid-day trading on Thursday . The stock traded as low as $1.13 and last traded at $1.14. 39,219 shares traded hands during trading, a decline of 38% from the average session volume of 63,743 shares. The stock had previously closed at $1.20.

Moolec Science Price Performance

The firm has a market cap of $4.57 million, a price-to-earnings ratio of -0.52 and a beta of -0.46. The company has a quick ratio of 0.73, a current ratio of 1.48 and a debt-to-equity ratio of 6.99. The company’s 50-day moving average price is $2.12 and its 200-day moving average price is $5.38.

Moolec Science Company Profile

(Get Free Report)

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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