Moolec Science SA [MLEC] stock prices are down -0.69% to $1.31 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MLEC shares have lost -25.10% over the last week, with a monthly amount drifted -59.04%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Moolec Science SA [NASDAQ: MLEC] stock has seen the most recent analyst activity on September 27, 2023, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $5.
The stock price of Moolec Science SA [MLEC] has been fluctuating between $1.24 and $10.47 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Moolec Science SA [NASDAQ: MLEC] shares were valued at $1.31 at the most recent close of the market. An investor can expect a potential return of 129.01% based on the average MLEC price forecast.
Analyzing the MLEC fundamentals
The Moolec Science SA [NASDAQ:MLEC] reported sales of 7.83M for trailing twelve months, representing a surge of 948.32%. Gross Profit Margin for this corporation currently stands at -0.08% with Operating Profit Margin at -1.17%, Pretax Profit Margin comes in at -1.1%, and Net Profit Margin reading is -1.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is -1.51 and Total Capital is -0.37. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.9.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2105 points at the first support level, and at 1.1103 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4005, and for the 2nd resistance point, it is at 1.4903.
Ratios To Look Out For
It’s worth pointing out that Moolec Science SA [NASDAQ:MLEC]’s Current Ratio is 1.48. In addition, the Quick Ratio stands at 0.73 and the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 1.88.
