Moolec Science SA (NASDAQ:MLEC – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 8,919 shares, an increase of 475.8% from the August 31st total of 1,549 shares. Based on an average trading volume of 36,350 shares, the days-to-cover ratio is presently 0.2 days. Approximately 1.5% of the company’s shares are sold short.
Moolec Science Stock Performance
Shares of Moolec Science stock opened at $5.85 on Friday. The stock’s fifty day moving average is $6.92 and its two-hundred day moving average is $7.61. The company has a market capitalization of $4.27 million, a PE ratio of -0.18 and a beta of 0.26. The company has a quick ratio of 0.08, a current ratio of 0.15 and a debt-to-equity ratio of 0.79. Moolec Science has a 52 week low of $3.08 and a 52 week high of $23.22.
About Moolec Science
Moolec Science SA is an agricultural biotechnology company developing foods and ingredients through molecular farming, a technology that uses plants to produce targeted proteins and other biological compounds. The company’s approach is intended to support the development of more sustainable and scalable alternatives for the food and agriculture industries.
Moolec’s research focuses on producing animal proteins in crops, including soybeans and safflower. Its best-known program, “Piggy Sooy,” uses genetically engineered soybeans designed to produce porcine proteins within the seed, with the goal of creating plant-based ingredients that more closely replicate the taste, texture and nutritional characteristics of animal-derived products.
Featured Stories
- Five stocks we like better than Moolec Science
- 3 Space Stocks to Watch as SpaceX Reshapes the Launch Market
- Dave’s Success Has Investors Split
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
Receive News & Ratings for Moolec Science Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moolec Science and related companies with MarketBeat.com's FREE daily email newsletter.
