Moolec Science (NASDAQ:MLEC) Shares Up 5% – Should You Buy?

Moolec Science SA (NASDAQ:MLECGet Free Report) shares shot up 5% during trading on Tuesday . The stock traded as high as $0.75 and last traded at $0.74. 2,092 shares traded hands during trading, a decline of 99% from the average session volume of 399,641 shares. The stock had previously closed at $0.70.

Moolec Science Price Performance

The stock has a market cap of $23.03 million, a price-to-earnings ratio of -2.85 and a beta of -0.48. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 3.24. The stock has a 50-day moving average price of $0.75 and a two-hundred day moving average price of $0.82.

Moolec Science (NASDAQ:MLECGet Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported ($0.05) earnings per share for the quarter. Moolec Science had a negative net margin of 140.32% and a negative return on equity of 119.34%.

Moolec Science Company Profile

(Get Free Report)

Moolec Science SA, a science-based food ingredient company, focuses on developing real animal proteins in plants using molecular farming. It offers Chymosin SPC, a dairy ingredient; GLA SONOVA, a nutritional oil; POORK+, a plant-based, animal meat free ingredient with porcine proteins in soybeans; and BEEF+, a meat replacement product.

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