Steakholder Foods (NASDAQ:STKH) Trading Down 13.1% – What’s Next?

Steakholder Foods Ltd. (NASDAQ:STKHGet Free Report) fell 13.1% on Wednesday . The stock traded as low as $1.62 and last traded at $1.73. 103,858 shares changed hands during trading, an increase of 604% from the average session volume of 14,762 shares. The stock had previously closed at $1.99.

Steakholder Foods Price Performance

The firm’s 50 day simple moving average is $2.55 and its 200-day simple moving average is $2.96.

About Steakholder Foods

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

Further Reading

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