In yesterday’s Wall Street session, Kalera Public Limited Company (NASDAQ:KAL) shares traded at $0.09, up 8.98% from the previous session.
KAL stock price is now -87.24% away from the 50-day moving average and -98.47% away from the 200-day moving average. The market capitalization of the company currently stands at $8.04M.
A total of 1.70% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in KAL stock. A new stake in Kalera Public Limited Company shares was purchased by ARMISTICE CAPITAL, LLC during the first quarter worth $167,000. IFP ADVISORS, INC invested $61,000 in shares of KAL during the first quarter. In the first quarter, NORDEA INVESTMENT MANAGEMENT AB acquired a new stake in Kalera Public Limited Company valued at approximately $28,000. GEODE CAPITAL MANAGEMENT, LLC acquired a new stake in KAL for approximately $13,000. MILLENNIUM MANAGEMENT LLC purchased a new stake in KAL valued at around $12,000 in the second quarter. In total, there are 27 active investors with 6.30% ownership of the company’s stock.
Tuesday morning saw Kalera Public Limited Company (NASDAQ: KAL) opened at $0.0863. During the past 12 months, Kalera Public Limited Company has had a low of $0.07 and a high of $14.78. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 0.30, and a quick ratio of 0.20. The fifty day moving average price for KAL is $0.7132 and a two-hundred day moving average price translates $5.9740 for the stock.
The latest earnings results from Kalera Public Limited Company (NASDAQ: KAL) was released for Jun, 2022. The company reported revenue of $1.67 million for the quarter, compared to $0.8 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 108.99 percent.
Kalera Public Limited Company(KAL) Company Profile
Kalera Public Limited Company, together with its subsidiaries, operates as a hydroponic vertical farming company in the United States and internationally. The company operates vertical hydroponic farms and related technology development facilities that produce various lettuce and microgreens for the retail and food service markets. It also holds a license to patented technology related to geopolymer concrete. Kalera Public Limited Company is headquartered in Orlando, Florida.