In yesterday’s Wall Street session, Steakholder Foods Ltd. (NASDAQ:STKH) shares traded at $1.84, up 0.55% from the previous session.
STKH stock price is now -17.97% away from the 50-day moving average and -50.22% away from the 200-day moving average. The market capitalization of the company currently stands at $23.13M.
There have been several recent changes in the stakes of large investors in STKH stock. A new stake in Steakholder Foods Ltd. shares was purchased by SIMPLEX TRADING, LLC during the first quarter worth $16,000. In total, there are 16 active investors with 7.10% ownership of the company’s stock.
On Monday morning Steakholder Foods Ltd. (NASDAQ: STKH) stock kicked off with the opening price of $1.9400. During the past 12 months, Steakholder Foods Ltd. has had a low of $1.45 and a high of $9.87. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 7.90, and a quick ratio of 7.90. The fifty day moving average price for STKH is $2.2431 and a two-hundred day moving average price translates $3.6966 for the stock.
The latest earnings results from Steakholder Foods Ltd. (NASDAQ: STKH) was released for Jun, 2022. The company reported revenue of $4.76 million for the quarter, compared to $3.47 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 37.35 percent.
Steakholder Foods Ltd.(STKH) Company Profile
MeaTech 3D Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter. The company develops a three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat. It intends to license its production technology; provide associated products, such as cell lines, printheads, bioreactors, and incubators; and offer services, such as technology implementation, training, and engineering support directly and through contractors to food processing and food retail companies. The company is headquartered in Rehovot, Israel.