Steakholder Foods (STKH) Expected to Announce Earnings on Monday

Steakholder Foods (NASDAQ:STKH) is anticipated to release its results before the market opens on Monday, March 30th. Analysts expect Steakholder Foods to post earnings of ($16.00) per share for the quarter.

Steakholder Foods Price Performance

Shares of STKH stock opened at $1.42 on Friday. The company has a market cap of $1.96 million, a price-to-earnings ratio of 0.00 and a beta of 1.45. Steakholder Foods has a 1 year low of $1.12 and a 1 year high of $45.70. The firm has a fifty day moving average price of $1.64 and a 200-day moving average price of $2.73.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Steakholder Foods in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Steakholder Foods Company Profile

Steakholder Foods, trading on NASDAQ under the symbol STKH, is a developer of cultivated meat and fat products based on cellular agriculture and 3D bioprinting technologies. The company focuses on producing structured, whole-cut meat and fat components by cultivating animal cells in controlled bioreactors, offering an alternative to conventionally farmed meat with the goal of reducing environmental impact and improving food safety.

Originally founded as MeaTech 3D in Israel, the company rebranded to Steakholder Foods in early 2022 and completed its public listing on NASDAQ through a merger with a special purpose acquisition company.