Moolec Science (NASDAQ:MLEC) Trading Down 2.4%

Moolec Science SA (NASDAQ:MLEC – Get Rating)’s stock price traded down 2.4% during trading on Wednesday . The stock traded as low as $2.87 and last traded at $2.87. 773 shares traded hands during trading, a decline of 99% from the average session volume of 143,561 shares. The stock had previously closed at $2.94.

Moolec Science Stock Performance

The company has a 50 day simple moving average of $3.59.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Moolec Science stock. Geode Capital Management LLC bought a new position in shares of Moolec Science SA (NASDAQ:MLEC – Get Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,378 shares of the company’s stock, valued at approximately $51,000. Geode Capital Management LLC owned about 0.20% of Moolec Science at the end of the most recent reporting period. Institutional investors and hedge funds own 35.22% of the company’s stock.

Moolec Science Company Profile

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Moolec Science SA, a science-based ingredient company, focuses on producing animal proteins in plants through Molecular Farming, a disruptive technology in the alternative protein landscape. The company's product portfolio and pipeline leverage the agronomic efficiency of used target crops, such as soybeans and peas.