Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH – Get Free Report) Director Yaron Kaiser purchased 30,291 shares of the stock in a transaction on Thursday, October 29th. The shares were acquired at an average cost of $0.41 per share, with a total value of $12,419.31. Following the transaction, the director directly owned 41,463 shares in the company, valued at $16,999.83. The trade was a 271.13% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.
Yaron Kaiser also recently made the following trade(s):
- On Friday, October 30th, Yaron Kaiser acquired 26,141 shares of Steakholder Foods stock. The stock was acquired at an average price of $0.42 per share, for a total transaction of $10,979.22.
Steakholder Foods Trading Up 2.2%
Shares of STKH stock opened at $0.42 on Tuesday. Steakholder Foods Ltd. Sponsored ADR has a fifty-two week low of $0.30 and a fifty-two week high of $12.27. The business’s 50 day moving average price is $1.49 and its 200-day moving average price is $3.43.
Shares of Steakholder Foods are going to reverse split before the market opens on Monday, November 9th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 8th.
Steakholder Foods (NASDAQ:STKH – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The company reported ($1.00) EPS for the quarter.
Wall Street Analyst Weigh In
Several brokerages have commented on STKH. Weiss Ratings lowered shares of Steakholder Foods from a “sell (e+)” rating to a “sell (e)” rating in a report on Thursday, October 8th. Wall Street Zen raised shares of Steakholder Foods to a “sell” rating in a research note on Saturday, October 3rd. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Report on Steakholder Foods
About Steakholder Foods
Steakholder Foods Ltd. is an Israel-based food-technology company developing technologies for the cultivated meat and seafood industry. The company focuses on producing structured, cell-based foods by combining cell cultivation, bio-ink formulation and three-dimensional bioprinting.
Its technology is designed to replicate the texture and appearance of conventional meat and seafood, with research and development efforts spanning cultivated beef, chicken, pork and fish products. Steakholder Foods also develops specialized 3D printers and related production systems intended to deposit different cell-based and plant-based ingredients in precise structures.
The company was formerly known as MeaTech 3D Ltd.
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