Moolec Science (NASDAQ:MLEC) Issues Earnings Results

Moolec Science (NASDAQ:MLEC) released its quarterly earnings data on Wednesday. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01), Yahoo Finance reports. Moolec Science had a negative net margin of 150.27% and a negative return on equity of 87.89%. The company had revenue of $1.52 million for the quarter.

Moolec Science Stock Down 1.4 %

Shares of MLEC stock opened at $0.89 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.43 and a quick ratio of 0.37. Moolec Science has a 12-month low of $0.75 and a 12-month high of $3.25. The firm has a 50-day moving average price of $0.90 and a 200 day moving average price of $1.12.

Moolec Science Company Profile

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.