Steakholder Foods (STKH) Projected to Post Earnings on Monday

Steakholder Foods (NASDAQ:STKH) will likely be announcing its results before the market opens on Monday, March 30th. Analysts expect the company to announce earnings of ($16.00) per share for the quarter.

Steakholder Foods Stock Down 2.1%

Shares of STKH stock opened at $1.42 on Friday. The stock’s 50-day moving average price is $1.64 and its 200 day moving average price is $2.72. The stock has a market capitalization of $1.96 million, a PE ratio of 0.00 and a beta of 1.45. Steakholder Foods has a 52-week low of $1.12 and a 52-week high of $45.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Steakholder Foods in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Steakholder Foods Company Profile

Steakholder Foods, trading on NASDAQ under the symbol STKH, is a developer of cultivated meat and fat products based on cellular agriculture and 3D bioprinting technologies. The company focuses on producing structured, whole-cut meat and fat components by cultivating animal cells in controlled bioreactors, offering an alternative to conventionally farmed meat with the goal of reducing environmental impact and improving food safety.

Originally founded as MeaTech 3D in Israel, the company rebranded to Steakholder Foods in early 2022 and completed its public listing on NASDAQ through a merger with a special purpose acquisition company.