Australian Oilseeds (NASDAQ:COOT – Get Free Report) issued its quarterly earnings results on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $7.62 million during the quarter.
Australian Oilseeds Price Performance
COOT opened at $0.60 on Tuesday. Australian Oilseeds has a fifty-two week low of $0.41 and a fifty-two week high of $4.50. The company’s 50 day moving average price is $0.62 and its two-hundred day moving average price is $0.65. The firm has a market capitalization of $16.74 million, a price-to-earnings ratio of -15.00 and a beta of 0.12.
Hedge Funds Weigh In On Australian Oilseeds
An institutional investor recently bought a new position in Australian Oilseeds stock. Yakira Capital Management Inc. purchased a new stake in Australian Oilseeds Holdings Limited (NASDAQ:COOT – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 58,105 shares of the company’s stock, valued at approximately $30,000. Yakira Capital Management Inc. owned 0.21% of Australian Oilseeds at the end of the most recent quarter. 12.95% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on COOT
About Australian Oilseeds
Australian Oilseeds Limited (Nasdaq: COOT) is an Australia-based plant-based ingredients company specializing in the cultivation, processing and distribution of functional food seeds. The company’s core product lines include organic and non-GMO chia, hemp, quinoa and buckwheat seeds, as well as derived powders, oils and protein concentrates. Operating from its processing facility in New South Wales, Australian Oilseeds oversees its supply chain from local farmer partnerships through to finished ingredients for food manufacturers and health-oriented brands.
Product applications span the nutritional supplement, functional food and plant-based protein markets, with clients in Australia, North America, Europe and Asia.
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