Steakholder Foods (NASDAQ:STKH) Trading 1.4% Higher

Steakholder Foods Ltd. (NASDAQ:STKH – Get Rating) shares traded up 1.4% during mid-day trading on Thursday . The company traded as high as $0.74 and last traded at $0.71. 63,084 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 129,302 shares. The stock had previously closed at $0.70.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners dropped their price objective on shares of Steakholder Foods from $11.00 to $3.00 in a report on Wednesday, February 1st.

Get Steakholder Foods alerts:

Steakholder Foods Stock Performance

The stock’s 50-day simple moving average is $0.93 and its 200 day simple moving average is $1.58. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.16 and a quick ratio of 2.16.

Institutional Trading of Steakholder Foods

A hedge fund recently bought a new stake in Steakholder Foods stock. Renaissance Technologies LLC bought a new position in shares of Steakholder Foods Ltd. (NASDAQ:STKH – Get Rating) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 143,643 shares of the company’s stock, valued at approximately $147,000. Renaissance Technologies LLC owned 0.98% of Steakholder Foods as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 8.11% of the company’s stock.

About Steakholder Foods

(Get Rating)

Steakholder Foods Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter. The company develops a three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat.

Read More

• Get a free copy of the StockNews.com research report on Steakholder Foods (STKH)
• Don’t Miss Out: $2 Trillion Could be Headed to the Banking Sector
• A Weakening Economy Suggests Caution Before Buying Five Below
• Williams-Sonoma: Time To Buy At Rock-Bottom Prices 
• Why DraftKings Could Keep Outperforming in 2023
• Charles Schwab And The Safest 30% You Can Make This Year

Receive News & Ratings for Steakholder Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steakholder Foods and related companies with MarketBeat.com's FREE daily email newsletter.