Steakholder Foods (NASDAQ:STKH) Stock Price Down 4.2% – Here’s Why

Steakholder Foods Ltd. (NASDAQ:STKHGet Free Report) fell 4.2% during mid-day trading on Monday . The stock traded as low as $2.96 and last traded at $2.97. 22,729 shares traded hands during trading, an increase of 78% from the average session volume of 12,783 shares. The stock had previously closed at $3.10.

Steakholder Foods Stock Performance

The firm’s 50 day moving average is $2.79 and its 200-day moving average is $3.47.

Steakholder Foods Company Profile

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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.

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