Steakholder Foods (NASDAQ:STKH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Steakholder Foods (NASDAQ:STKH – Free Report) to a sell rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Steakholder Foods in a report on Friday, August 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

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Steakholder Foods Stock Up 2.2%

Shares of STKH opened at $0.66 on Friday. The stock has a 50 day moving average price of $2.56 and a 200 day moving average price of $3.30. Steakholder Foods has a 52-week low of $0.50 and a 52-week high of $13.13.

Steakholder Foods (NASDAQ:STKH – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The company reported ($1.00) EPS for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Steakholder Foods stock. SmartHarvest Portfolios LLC purchased a new position in shares of Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 53,621 shares of the company’s stock, valued at approximately $78,000. SmartHarvest Portfolios LLC owned 3.89% of Steakholder Foods as of its most recent SEC filing. 4.51% of the stock is owned by institutional investors.

Steakholder Foods Company Profile

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Steakholder Foods Ltd. is an Israel-based food technology company focused on developing cultivated meat and seafood using three-dimensional bioprinting and related food-production technologies. The company’s platform is designed to arrange cultured animal cells and other ingredients into structured products intended to replicate the texture and appearance of conventional meat and fish.

The company develops specialized bioprinters, bioinks and digital manufacturing processes for producing cultivated food products.

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